UK PM Johnson: There is nothing in the data currently to delay 21 June reopening 0 (0)

The UK economy looks set for a buzzing summer
ONS data earlier in the day already signaled some excitement for the UK with the number of restaurant bookings being a third higher than pre-pandemic levels for the week through to 24 May i.e. 32% above the same week in 2019.

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BOE’s Vlieghe: An early rate hike is possible if there is smooth transition from furlough 0 (0)

Remarks by BOE policymaker, Gertjan Vlieghe
The headline in particular is what stands out even if there are caveats associated with it.
GBP/USD now up to 1.4178 from around 1.4135 earlier as buyers break through the key hourly moving averages @ 1.4149-52. Key resistance still seen closer to 1.4200.

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