- GBP/EUR traded its lowest rate since January yesterday. It opened at 1.1229, traded a high of 1.1242, a low of 1.1168 and closed down -0.32% at 1.1168.
- GBP/USD also traded its lowest rate since January having opened at 1.2575, traded a high of 1.2606, a low of 1.2531 and closed at 1.2534 representing a loss on the day of 0.44%.
- Conservative leadership candidates have urged Donald Trump not to interfere in UK affairs amid a row over his latest criticism of London Mayor Sadiq Khan. (BBC News)
- Financial services minister John Glen said the UK government is committed to doing everything it can to keep in financial sector globally competitive after Brexit.
- Australian HPI q/q came in weaker than expected at -3.0% vs -2.5%.
- GBP/AUD, GBP/NZD and GBP/JPY are currently trading 1.8306, 1.9241 and 135.63, respectively.
- At 10am we will see the release of German ZEW sentiment.
- At 1.30pm we look to the US and Canada for building permits and manufacturing sales m/m, respectively.
- UK Bank of England governor Mark Carney is due to speak at 3pm.
- Tory leadership hopefuls will face a second round of votes today. Any candidates facing less than 33 votes will be eliminated. Those remaining after the round will take part in a live debate this evening.
|Currency Pair||Interbank Rate||% Change on Day|
|Time (GMT)||Region||Data Release||Forecast||Previous|
|10:00||EUR||German ZEW Economic Sentiment||-5.7||-2.1|
|13:30||CAD||Manufacturing Sales m/m||0.6%||2.1%|