The pound shook off yesterday’s push lower after better than expected GDP data was released this morning. Get your market update from WVenketas here:
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FX Week Ahead - Top 5 Events: Eurozone Economic Sentiment; UK GDP; US Inflation Rate; BOC Rate Decision; Australia Jobs ReportThe upcoming UK GDP is expected to show no growth for the three months through May. The June US CPI will give the ammunition the Fed needs to justify a 75-bps hike. The BoC will likely raise rates by 75-bps.
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Olympic champion runner Mo Farah says he was trafficked to U.K. as a childFarah, who became the first British track and field athlete to win four Olympic golds, said he was born in Somaliland as Hussein Abdi Kahin.
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Olympian Mo Farah reveals he was trafficked to U.K., given false nameMo Farah, the most successful British track athlete in modern Olympic history, revealed that he was trafficked to the United Kingdom as a child under a false name.
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Mo Farah Reveals He Was Taken to U.K. Using Another Child’s NameFour-time Olympic champion Mo Farah disclosed he was brought into Britain illegally from Djibouti under the name of another child
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Olympic Champ Mo Farah Says He Was Trafficked to the U.K. as a ChildFour-time Olympic gold medalist Sir Mo Farah explains he was likely eight or nine years-old when a stranger flew him from Djibouti to London, where he was forced to take care of another family’s children.
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UK inflation still likely to fall sharply next year, BoE's Bailey saysBank of England Governor Andrew Bailey said on Monday that he still thought that inflation was likely to fall sharply next year, broadly in line with forecasts the British central bank presented in early May.
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