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There has been a kickback this morning against recent USD strength and the big equities sell-off. However, this comes ahead of the crucial FOMC meeting later.
This week will be quiet on data from the US with the main highlight being the US weekly Jobless claims print on Thursday, followed by Flash PMI on Friday.
Boris Johnson has survived a vote of confidence. However, his position is increasingly precarious. Political risk is fairly minimal for now, but it could increase in the weeks and months to come.
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