Market insights

Market Comment - 17th April 2023

Good morning,

Today saw a weak start for the Pound. Against both the Dollar and the Euro it's been a tough start to the week for Sterling.

With a speech from the ECB head, Christine Lagarde later it continue to be a rocky road for the Pound in the next 24 hours.

Other highlights tomorrow morning include Chinese GDP numbers where analysts are expecting annual growth of 4%. This will be followed by the UK unemployment rate where the expectation is for stability at 3.7% unemployment.

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Today’s Economic Calendar

EUR: 18:00 ECB's Christine Lagarde Speech

CHN: Tuesday 03:00 GDP Numbers

UK: Tuesday 07:00 Unemployment Rate

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

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