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Week Ahead (1/2)

UK
  • There are five different MPC speakers scheduled to make public appearances this week while Brexit talks will move closer to the end game. On top of this we will receive retail sales, inflation and public finance data.
  • Brexit talks will continue this week. There has been little publicly reported progress recently with the same key issues continuing to dominate negotiations. A number of media outlets are now reporting that a deal in the coming days or this week is now unlikely, although a number of others have reported comments made on Friday that a deal could be around 10 days away. After a lot of upheaval in Number 10 with Dominic Cummings leaving his post and Boris Johnson now having to self isolate after coming into contact with an MP who has tested positive for Covid-19, there are question marks over whether there will be any knock on effects to Brexit negotiations. Recall that Cummings ran the vote leave campaign and had previously been expected to remain in his position until Brexit had been fully completed and a deal had been finalised (or until the end of the transition period if no deal was forthcoming).
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