Market insights

No change for the Pound - MI080923

Even with the raft of speeches and events yesterday the Pound remains entrenched in a sideways pattern versus most major currencies.

With a generally quiet day for scheduled news this may not change too much.

For watchers of the Canadian Dollar their unemployment rate is announced just after lunch. Analysts are expecting the rate to have risen to 5.6%.

There's Chinese inflation out in the early hours of tomorrow, and there's the G20 summit happening over the weekend.

Business news remains similarly light. The main headline is the downturn in the Apple share price. The Chinese government has banned the use of iPhones by government employees.

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Economic calendar

CAN: 13:30 Unemployment Rate

CHN: Saturday 02:30 Inflation Data

GLOBAL: Weekend G20 Summit

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