Sterling has started the day in an upbeat fashion, possibly the result of Rishi Sunak’s lead in the Tory leadership contest, or possibly a hangover from the better than expected GDP result last week.

This week is awash with high level data, including unemployment tomorrow and inflation on Wednesday.

The Conservative leadership contest comes to ahead on Wednesday afternoon at the latest, with the future economic leadership of the country for the next two weeks at stake, so you can expect market movement around this time.

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