There is little in the way of fundamental data being released this week, but the markets are erring towards risk off. The rise in US rates may be the main driver although Italy’s debt and attitude towards Brussels is not helping the Euro, the UK cabinets comments yesterday has not helped the pound.
Weekly outlook – 9th October 2018
There is little in the way of fundamental data being released this week, but the markets are erring towards risk off. The rise in US rates may be the main driver although Italy’s debt and attitude towards Brussels is not helping the Euro, the UK cabinets comments yesterday has not helped the pound.