The House of Commons will choose a new Speaker today in the first election for the post for more than a decade, as John Bercow stepped down last week. On Wednesday, Parliament will be dissolved for 5 weeks of campaigning ahead of the general election on December the 12th. The Bank of England are due to make their announcement on interest rates on Thursday.
There will be a series of data releases for both the eurozone and the US this week, including German factory orders and US Balance of Trade figures.
With so much at stake in the lead up to the general election, we could see volatility for the pound. Make sure to lock in an exchange rate with a forward contract to protect your money. Call your Personal Trader now on 020 7898 0541.
