It is certainly refreshing to see green screens in the offices following the past few days of Sterling dropping away off the back of comments from Mervyn King and a huge drop in confidence in the Pound.
It appears confidence may be returning in the U.K with the FTSE being at its highest point in a year, so avoiding further shock announcements from King or Mr Darling then I would hope we gain back ground towards the end of this week.
Retail sales datya are due at 09:30am, expect volatility should these figures come out different than analysts have forecast.
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Have a great day and thanks for reading!
Daniel Wright
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