Sterling made some recovery in the latter part of last week and is showing a positive green across the graphs against all major competitors.
This is a quietish week for UK data, but in the US it is the turn of JOLTS job openings on Thursday and non-farm payrolls on Friday. These are among the few indicators that the US Federal Reserve will have to work with before its next interest rate decision.
Before that we have the US markets closed for Independence Day tomorrow.
On the UK and European side, this week we’ll be seeing final results for the Purchasing Managers Index (PMI). Final readings are less influential than the flash reading, but they will be read with interest nonetheless.
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