Market insights

A Big Week Of News - MI150424

Today sees the start of a key week in the markets.

After a poor week last week for the Pound versus the Dollar, today could see a recovery for Sterling.

The US retail sales numbers out just after lunch will be the starting point.

After that eyes will turn to China in the early hours of Tuesday as they announce their GDP number. Annualised growth is expected to come in at 5%.

If that wasn't enough we turn back to the UK at breakfast time tomorrow for the unemployment rate. It will be interesting to see if there's a change from the previous months 3.9%.

Business news centres on on the price of oil. The attack on Israel by Iran initially jacked the oil price up. However it's subsequently settled back down on the failure of the attack.

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Economic calendar

US: 13:30 Retail Sales

CHN: Tuesday 03:00 GDO Numbers

UK: Tuesday 07:00 Unemployment Rate

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

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