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NBP Shifting Towards a November Hike?


Gilt/Bund spread is wider in early trade


Opening calls


French president Emmanuel Macron and other EU leaders will this week insist on tough enforcement rules for any UK trade deal, warning that British prime minister Boris Johnson's move to override the Brexit treaty has shown Britain's word cannot be trusted. EU diplomats said leaders at a summit starting on Thursday would call on Michel Barnier, the bloc's chief negotiator, to ensure that "level playing field" guarantees for European businesses competing with UK companies are backed by the right for Brussels to take rapid retaliatory action if Britain breaches its commitments.

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