Sterling has been stable over this weekend, as cross-party talks between the Conservative and Labour benches are set to continue. Both sides say progress is being made, with an internal deadline of ten days’ time set up to ‘take stock’. Whether an eventual resolution will emerge, however, remains to be seen.
The euro ended last week positively, as fears of a US-EU trade war were somewhat alieved by the two’s agreement to reopen trade talks.
In the US, the markets are looking forwards to Wednesday’s balance of trade figures and Thursday’s retail sales.
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