This week in the markets:
Sterling starts the week quietly, but things could pick up on Thursday with the European Central Bank’s rate decision and other key announcements ahead.
On Thursday, the European Central Bank will release its latest monetary policy decision. While no immediate change is expected, the statement will be closely watched for hints about the direction of interest rates in the months ahead.
Also on Thursday, the US publishes its latest inflation figures, which could influence how the Federal Reserve approaches future interest rate moves.
To finish the week, we’ll see a flurry of UK data, including GDP, Industrial Production, and Manufacturing numbers. These releases will provide fresh insight into the health of the UK economy and could drive volatility for Sterling, ahead of the Bank of England’s decision next week.
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