020 7898 0500It was a very quiet day for the pound as the political campaigns’ suspension continued.
In the meantime, sterling remains within a tight range. There were further arrests linked to the Manchester bombing, while the UK terror threat level is now up to its highest level of ‘critical’.
Elsewhere, UKIP leader Paul Nuttall says he’s set to resume election campaigning in the wake of the Manchester terror attack. Previously, government sources said the campaign may be delayed ‘for several days’. Nuttall explained his decision to launch his party’s manifesto today, stating that ‘we cannot be cowed or allow our life to be undermined by those who wish to do us harm.’
Looking to the day ahead, we have the second release of Q1 gross domestic product data. There is no change expected in the disappointing 0.3% growth we saw last month.
