Monday 7th May 2018

Good morning


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OK so for the markets, a quiet day yesterday with Australia and the UK enjoying the May Day Bank Holiday.

Spain, France and Switzerland are off on Thursday for Ascension Day – so bear in mind no payments will go out to those countries then.


GBP/USD hit a 4-month low last week of 1.3535 with GBP/EUR touching a 6-week low of 1.1310.


Thursday, we have the MPC (Monetary Policy Committee) decision on UK interest rates – economists a little divided but majority believing rates will remain unchanged for now.


Have a great week.