Market insights

It's All About The Speeches - MI181223

A quiet day for scheduled news is reflected in Pound rates where Sterling is mainly tracking sideways.

There are a handful of speeches from the Bank of England and the ECB, so that could be what moves GBP/EUR today.

Going into tomorrow the Japanese Yen will come under the spotlight as the Bank of Japan releases it's interest rate decision. Economists think it will remain unchanged at negative -0.1%.

Business news has a promising headline in that the price of petrol is still dropping. It's estimated the average price per litre is now £1.43.

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Economic calendar

UK: 10:30 BoE's Ben Broadbent Speech

EUR: 13:30 ECB's Isabel Schnabel Speech

EUR: 15:00 ECB's Philip Lane Speech

JPN: Tuesday 03:00 BoJ Interest Rate Decision

As ever we look forward to looking after you and please keep an eye out for our next Insight.

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