Tuesday 13th June 2017

Theresa May’s government is anything but ‘strong and stable’, her mantra throughout the UK election campaign. Phil Dobbie asks NAB’s Ray Attrill if continued uncertainty about the makeup of the government could hit Sterling even harder. Meanwhile, the Canadian dollar has risen 1 percent as the Senior Deputy Governor of the BoC suggested the possibility of raising interest rates. Elsewhere, we wait for the outcome of the FOMC decision on Thursday, and ferret through today’s NAB Business Survey for indications of how the local economy is tracking.