The pound is hovering at six-month lows against the dollar this morning, and is still struggling to make any gains. Aside from the flash drop from January, this is now the lowest sterling has been in some time, matching the lows from last December. It’s expected that the dollar will drive the pair for the time being.
Markets will also be looking to GDP data, which is due to be released tomorrow morning.
In Brexit news, Dominic Grieve has tabled an amendment which would force ministers to regularly come to the House of Commons in the run up to the 31st of October. This would be an attempt to stop Boris Johnson from suspending Parliament in order to get a no-deal through. Speaker John Bercow will have to trigger the vote on this amendment.
