Market insights

Bank Of England Governor Gives A Speech

In another relatively quiet day for scheduled news the stand out highlight is the speech from the Bank of England Governor, Andrew Bailey.

It could be the only thing, other than a global news story, that moves the markets today.

The Australian Dollar could be the only mover in the next 24 hours with the Australian trade balance reported in the early hours of tomorrow.

Overall it's been a steady start to the year so far with GBP/EUR and GBP/USD generally tracking sideways.

Business news sees a continuance of the mortgage price war with re mortgage rates being cut heavily by some mainstream lenders.

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Economic calendar

UK: 15:15 BoE's Andrew Bailey Speech

AUS: Thursday 00:30 Imports, Exports and Trade Balance

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

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