Market Comment - 30th July 2021

Posted by Stuart PritchardJuly 30, 2021

Good morning,

Sterling continues to make headway against the Dollar and is pushing on to recent highs over the last 24 hours. Against the Euro it's holding onto the weeks gains so things are looking good going into the weekend.

Today there's a decent amount of data out including GDP data from Europe, US income and spending data, and Consumer Confidence again in the US so the gains made by Sterling this week versus the Greenback might be affected.

Unusually there's some data over the weekend albeit in the early hours tomorrow in China when the PMI manufacturing data comes out in the early hours of Saturday.

If anything significant happens on the global macro economic front we will update accordingly, and have a great weekend.

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

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Today's Economic Calendar 

EUR: 10:00 GDP

US: 13:30 Income and Expenditure

US: 15:00 Michigan Consumer Sentiment Index

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