- GBP/EUR opened at 1.1547, traded a high of 1.1602, a low of 1.1547 and closed at 1.1590 yesterday representing a 0.37% increase in value of the pound against the euro.
- Cable opened at 1.3079, traded a high of 1.3119, a low of 1.3068 and closed at 1.3094 representing a 0.22% increase on Monday.
- US Speaker of the House Nancy Pelosi is due to begin an official visit to Ireland today and warned that there would be “no chance whatsoever” of a UK-US trade deal following Brexit if there was any weakening of the Good Friday Agreement.
- Environmentalists have voiced fears that Northern Ireland could be left behind when it comes to protecting important habitats after Brexit. Much of the current protection is based on EU law which is backed up by the threat of fines from a European court.
- Foreign secretary Jeremy Hunt said yesterday is it an “absolute priority” to secure a Brexit deal by May to avoid taking part in the European elections.
- Father of the House Ken Clarke has said that Brexit is a ‘parody version of student politics’.
- China’s foreign ministry spokesperson Lu Kang has accused US secretary of state Pompeo of spreading lies about China.
- GBP/AUD, GBP/NZD and GBP/JPY are currently trading 1.8298 (+0.24%), 1.9364 (+0.05%) and 47936* (-0.18%)
- At 9.30am we have average earnings index data from the UK along with unemployment rate data.
- This is followed by German ZEW economic sentiment data at 10am.
- At 1.30pm we will have manufacturing sales m/m from Canada.
|Currency Pair||Interbank Rate||% Change on Day|
|Time (GMT)||Region||Data Release||Forecast||Previous|
|09:30||GBP||Average earnings index 3m/y||3.5%||3.4%|
|10:00||EUR||German ZEW Economic sentiment||0.9||-3.6|
|13:30||CAD||Manufacturing sales m/m||-0.1%||1.0%|