Political pressure could see Boris Johnson become the new PM. GBP downside does not look over yet. FOMC minutes to cement Fed tightening cycle plans. Retail sales data expected stronger, given post hurricane demand. Inflation expected to pick up again in US, which will help USD bulls gain further ground. ECB’s Draghi to speak, but no winding of QE expected until 2018.
Political pressure could see Boris Johnson become the new PM. GBP downside does not look over yet. FOMC minutes to cement Fed tightening cycle plans. Retail sales data expected stronger, given post hurricane demand. Inflation expected to pick up again in US, which will help USD bulls gain further ground. ECB’s Draghi to speak, but no winding of QE expected until 2018.
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