The pound is still weaker against the dollar and trading around the same levels against the euro this morning, after a small rebound at the end of last week.
It’s a busy week ahead for economic data releases, with PMI figures expected across the board. This data will give an indication of how the UK, US and EU economies performed in June.
The Federal Reserve will release the minutes from its latest meeting on Wednesday, which will provide further clarity around the Fed’s thinking behind monetary policy.
Several central bank officials will speak throughout the course of the week from the Bank of England, European Central Bank and Federal Reserve. The markets will be listening for any comments about inflation and interest rates.
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