Market insights

American GDP Numbers Out Later

Although it's been a light week for scheduled news it's been a complete mixed bag for Sterling rates.

Against the Euro it's status quo in a sideways pattern,

Versus the Dollar the Pound has slipped back a bit with the political turmoil throughout the week.

However against the Australian Dollar it's all guns blazing with strong gains all through the week.

With no Australian news scheduled there's no reason why this can't continue.

Outside of this is all USD and EUR with the US GDP number out after lunch and a speech from the President of the ECB, Christine Lagarde.

Business news centres on the Governments Great British Energy project with new wind farms planned on Crown Estate sea floors.

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Economic calendar

US: 13:30 Preliminary GDP Numbers

EUR: 16:00 ECBs Christine Lagarde Speech

As ever we look forward to keeping you in the loop and look out for our next update.

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