The pound is stronger against the euro this morning and is in a much better position against the dollar than it was after the September mini-budget.
There are no key data releases from the UK today however markets will be watching to see how recent political events will impact the pound. Fears that sterling will fall to parity with the dollar are rising .
The UK’s annual inflation data will be released on Wednesday. After edging slightly lower to 9.9% in August from double-digits (10.1%) in July, September’s inflation rate is forecast to remain unchanged, at 9.9%.
