This week there are no central bank meeting scheduled, however, there are a number of moving parts that are expected to keep capital markets on their toes: U.S. and Chinese trade talks, Eurozone GDP, and Middle East aggression.
This is a busy holiday-shortened week for capital markets. Today, U.S banks will be closed in observance of Martin Luther King Day.
On Tuesday, U.K’s PM Theresa May is expected to call on the country’s populace to reject the hostility of the Brexit referendum in a speech that being billed as setting the stage for a “hard” exit from the E.U. The pound’s plummet overnight to last Octobers ‘flash’ crash levels (-1.6% to £1.1987) seems to have got ahead of her.