"Prime Minister Boris Johnson disappeared from public view yesterday as he licked his wounds following the mauling he received from all sides following his mea culpa on Wednesday.
It was ironic that the reason for Johnson’s withdrawal was that he was self-isolating following news that one of his family has tested positive for the virus.
Even without its main player, this drama is far from over, as the result of an inquiry into activities in Downing Street during the various lockdowns is eagerly awaited by all sides.
While Johnson isn’t exactly hanging on by his fingertips and he received support from several of his Cabinet members yesterday, his position is still tenuous
Retail sales data for the Christmas period were released and several outlets recorded very healthy numbers, over the holiday period. Marks and Spencer fared extremely well, as did Tesco. Both of the retail giants expect to announce strong full-year profits.
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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.