Speculation that the speech for a leadership bid by UK Labour MP Streeting will be between 17:00-17:30BST, Times' Kendix reports
The speculation around Labour MP Streeting's leadership bid speech highlights potential shifting dynamics within UK politics, which could influence market sentiment, particularly for the GBP.
Fed's outgoing Miran does believe that PCE inflation, particularly with housing, and will converge down to normal levels and reiterates his rate cut calls based on the lag of monetary policy
Fed's Miran (Voter, Dove) says believe that PCE inflation, particularly with housing, will converge down to normal levels; reiterates rate cut calls based on the lag of monetary policy
Speculation that the speech for a leadership bid by UK Labour MP Streeting will be between 17:00-17:30BST, Times' Kendix reports
UK Health Minister Streeting has resigned from the cabinet; he does not immediately launch a leadership contest
Russian Intelligence says negotiation to end Iran's war are ongoing, but no end in sight, Al Arabiya reports
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If Streeting's position resonates with investors, it could bolster the GBP against the USD, impacting cross-asset flows in the Forex and equity markets. Keep an eye on how this develops in relation to broader political contexts and responses in the sessions following the speech.
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