It’s a busy week ahead for economic data in the UK, with inflation, employment, and retail figures all due to be released. The pound is well supported against the euro this morning but could be impacted by this economic data as the week unfolds.
Isolation rules are changing for England and Northern Ireland today, as those who are double-jabbed or under 18 no longer need to isolate if they have been in contact with a positive case. Instead, it is advised that people get a PCR test. This comes after many industries complained that self-isolation rules were disrupting their business.
In the US, Federal Reserve Chair, Jerome Powell, will speak tomorrow ahead of the release of the Fed’s latest meeting minutes on Wednesday. The markets will be watching both events closely.
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