"The UK economy continues to rebound as more young people receive the Covid-19 Vaccination. The delay in the full reopening has had very little effect on the economy, while the race between the Delta variant and the number of vaccinations, is being won by the jab.

British factories are now seeing their strongest growth in forty years, but shortages of key parts and materials are likely to see price increases that push inflation close to 4%.

Another impressive statistic from a CBI survey published recently is that the growth in output appears to be spread across all areas of manufacturing and industry.

Of course, this needs to be considered in light of the fact that manufacturing now only makes up around 20% of total economic activity."

Beyond Currency Market Commentary:

Aims to provide deep insights into the political and economic events worldwide that can cause currencies to change and how this can affect your FX Exposure.