020 7898 0500The last few weeks in the UK have been surprising to say the least. The election didn’t pan out as expected, and the Bank of England shocked everyone last week by edging a step closer to raising interest rates with the 5-3 vote.
However, the moment that the markets and public have been anticipating for some time now starts at the beginning of this week, as the Brexit negotiations officially begin. It will be interesting to see how the negotiations go, as what the nation wants seems to have shifted if the election results are anything to go by. Many analysts are suggesting this could result in a softer Brexit.
In terms of economic data it is fairly quiet this week, but the market will be focused on the opening of Parliament and the Queen’s speech on Wednesday. In addition, the Conservatives are still to confirm an agreement with the Democratic Unionist Party.
