Freedom Day decision dominates busy week for data

By Matthew Boyle

Everyone’s main focus this week will of course be on today as we await PM Boris Johnson’s announcement as to whether “Freedom day” (when we see Covid restrictions fully relaxed) will go ahead as planned on the 21st or if we will be told it will be delayed. Over the last week optimism for Freedom has sadly dwindled as we have seen rates of the delta strain in the UK rise, along with hospital admissions and as such many now believe a delay being announced is almost inevitable. Depending what the outcome is we may see GBP rates move, particularly against the Euro as they have been fairly stagnant for a few weeks now in anticipation of this announcement.

Whilst the market has been trading tightly, today could set the tone for the coming few months rate-wise. Those of you with requirements in the next few months may like to consider this and perhaps removing some of the risk.

We also have a very busy week or market data with inflation from the UK on Wednesday and several interest rate decisions from around the globe.

So if you have an upcoming transfer to make give your broker at A Place in the Sun Currency a call today for some friendly guidance in how to get the most out of your transfer.


14.00     GBP       BoE Governor Bailey Speech

22.00     NZD       Westpac Consumer survey


02.30     AUD       RBA meeting minutes

07.00     GBP       Unemployment data

07.00     EUR        German Inflation Data

13.15     GBP        BoE Governor Bailey Speech

13.30     USD        Retails Sales data


03.00     CNY        Retail Sales Data

07.00     GBP        Inflation data

13.00     CAD       Inflation data

19.00     USD       Interest rate decision, monetary policy statement and FOMC

22.45     NZD       GDP data


01.00     EUR        Eurogroup meeting

02.30     AUD       Employment data

08.30     CHF        SNB interest rate decision

10.00     EUR        Inflation data

13.00     USD        Jobless Claims


04.00     JPY         Interest rate decision

07.00     JPY         Press conference

08.00     EUR        EcoFin Meeting