At 08:15 GMT, UK MPC Member Vlieghe is due to testify at his parliamentary reappointment hearing before the Treasury Committee, in London. GBP volatility can increase during this event.
At 08:30 GMT, UK Public Sector Net Borrowing (Apr) is expected to be £7.000B against a previous £-0.262B. This shows a surplus in the figures for April. The surpluses have been decreasing and trend down since peaking in 2010. GBP crosses may react to this data release.
At 08:15 GMT, UK MPC Member Vlieghe is due to testify at his parliamentary reappointment hearing before the Treasury Committee, in London. GBP volatility can increase during this event.
At 08:30 GMT, UK Public Sector Net Borrowing (Apr) is expected to be £7.000B against a previous £-0.262B. This shows a surplus in the figures for April. The surpluses have been decreasing and trend down since peaking in 2010. GBP crosses may react to this data release.
At 20:30 GMT, API Weekly Crude Oil Stock data will be released. Last week this data showed a build of 4.854M. With Oil prices back to 2014 levels any indication of price movement will be closely watched. Traders will take note of this data ahead of EIA Survey data on Wednesday. WTI Oil price volatility can increase during this event.
