The pound is still strong against the euro and the dollar this morning ahead of a busy week of economic data releases. The pace of the vaccine programme and hopes for economic recovery are still providing support for sterling, with some analysts now questioning how long this will last.
In Europe, a drop in public confidence towards the AstraZeneca vaccine and supply issues continue to affect the vaccine rollout. Boris Johnson is due to speak with his EU counterparts this week about the dispute surrounding supplies of the AstraZeneca vaccine. The EU summit, which is due to take place later this week, will also address the issue.
In the US, the markets are looking ahead to a series of speeches from Federal Reserve Chair, Jerome Powell. The first will take place later today.
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