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Welcome to LCG’s look ahead to the key events in markets for the week starting June 25th, 2017.
The ongoing slide in oil prices were the dominant theme last week. Whether the crude price weakness continues or abates will likely be key for this week too. It was a choppy week for Sterling after central bankers came out with a number of conflicting statements over the likelihood of a UK rate-rise. It would appear there is some dissention in the ranks against Governor Carney’s aim to keep rates low. The currency and post-election uncertainty has seen the FTSE 100 underperform as we celebrate (or commiserate) the one-year anniversary of the EU referendum result. The performance of the Nasdaq index could be another key for global stock market sentiment. It’s mainly US data on the docket this week including the final version of first quarter GDP.
Watch the full video where we discuss these topics and more
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