The pound has started this week up against the euro, after a brief drop yesterday. However, it is still somewhat lower than last week, with uncertainty over the length of the UK’s exit from lockdown, compared to its European neighbours, making investors cautious.
Today is a quiet day for data releases. The markets will be looking forward to this Wednesday’s raft of figures, with UK GDP growth expected to have entered the negative and manufacturing production and business investment to have slumped.
