Concerns over the future Brexit trade deal – or lack thereof – have reared their head again, after Michel Barnier said last week that little progress has been made on key issues. Worries over the combined impact of a return to WTO rules and the economic disruption of coronavirus mean the pound is choppy against the euro this morning.
The ECB is set to meet this Thursday for its interest rate decision. While rates are expected to be kept on hold, the opportunity is likely to be taken to signal support for other stimulus methods.
It’s a busy week for US data releases, coming amid continued uncertainty over the continuation of lockdown in America. The dollar has started the week slightly down against the pound, but this afternoon’s manufacturing figures could have a significant impact if they come in below predictions.
With so many data releases coming in below predictions recently, can anyone say predictions are worth the paper they’re written on? Our latest forecast examines what the major banks think is ahead over the next three, six and twelve months. As you will see, the spread is quite significant – so how can you possibly plan ahead with so many differing opinions? Download your copy to find out.
