The euro hit a four-month high against the pound yesterday as trade talks got underway and fears of coronavirus in the UK grew. France’s Europe Minister Amélie de Montchalin told Andrew Marr on the weekend that the trade talks could be a ‘very nasty battle’ if the EU’s requirements are not met.
Today, we will see a series of important data releases, including unemployment figures, inflation rates and the French budget balance. Then, tomorrow, we will see services and composite PMI, as well as Italian GDP growth, expected to have slowed to 0% year-on-year.
