The US Federal Reserve will announce its interest rates decision at 7pm UK time today. Although no changes are expected and a ‘dovish’ stance is anticipated, the markets could be moved by any suggestions on future policy, especially further economic stimulus measures.
The EU Commission President will announce a new ‘green deal’ today, intended to boost the Eurozone economy while keeping CO2 emissions low.
In the UK we expect a quiet day ahead of tomorrow’s Bank of England interest rate announcement. Prime Minister Boris Johnson will be answering questions before the House of Commons Liaison Committee, with any signs of a softening on his hard-line policy EU negotiations eagerly seized on.
There are signs that some elements of the Brexit Trade Deal are being agreed, with food exports standards from the UK apparently nearing agreement.
Make sure any upcoming transactions are protected against the risks of sudden market movements. Secure a fixed exchange rate now with a forward contract; call your Personal Trader on 020 7898 0541 to get started.


