Market Comment - 30th November 2021

Posted by Stuart PritchardNovember 30, 2021

Good morning,

As we suspected yesterday the GBP/EUR rate has continued to drop further and a retest of the bottom of the range looks potentially likely. With no UK based data scheduled to come out it's the Euro zone preliminary inflation data out later that might change things.

Outside of this it's mainly US led data out today with House Prices, Consumer Confidence and a number of speeches from the FED board.

It looks like global markets are poised for updates regarding the Omicron variant of Covid which is certainly a story we are following closely.

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 Preliminary Inflation Data

US: 14:00 House Prices

US: 15:00 Consumer Confidence

UK: Wednesday 07:00 Nationwide House Prices

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