020 7898 0500The euro managed to make some gains against sterling on Monday, although in truth, the currency markets were extremely quiet throughout the day. It is possible this could be the calm before the storm, as we are set for an eventful week – at least economically and politically. The question really is whether this will affect the currency markets and, if so, to what extent?
Today’s only release of note is the eurozone’s construction output figures for April. They are expected to increase to 2% from 0.8% the month before. Other releases to keep our eyes on this week include Thursday’s flash consumer confidence reading for June, and Friday’s raft of purchasing managers’ indices for the same month.
