UK shoppers are expected to hit the high streets on Friday ahead of the Christmas shopping season as retailers hope to boost sales. US PCE and NFP next week
Japanese inflation breaches the 3% mark ahead of the BoJ’s quarterly report. Markets wary of another round of FX intervention as USD/JPY breaches crucial 150 level
Chancellor Kwasi Kwarteng announced a U-turn of his controversial tax cut for the UK’s highest earners this morning at the Tory party conference. GBP lifted
Cable claws back losses ahead of Truss, Kwarteng meeting with the Office for Budget Responsibility (UK fiscal watchdog). UK sentiment improves, gilts stabilize