"Having made his second apology to the House of Commons in a week, Prime Minister Boris Johnson’s future is still far from certain.

A number of Government MPs are still considering whether to write letters of no confidence, which are a prerequisite to a vote on his future.

With a General Election still two years away, all the pressure on Johnson comes from within his own Party, with opposition calls for him to resign little more than hot air.

While the political pot continues to simmer, the economy continues to improve. Data released yesterday shows that manufacturing output continues to improve. While this sector only contributes to 20% of the country’s GDP, it is a major employer.

The effect of the Omicron Variant has been shrugged off while global supply chains continue to improve.

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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.