Spotlight on both Reeves & the Fed today

Chancellor Reeves to spell out the form of the UK's economic revival..

It looks as if Starmer & Reeves are starting to understand financial markets; when talking down the country's economy and finances, uncertainty and panic arrives.

'I intend to hardwire growth into this government's plans' said Prime Minister Keir Starmer with Chancellor Rachel Reeves pledging 'to go further and faster' to boost the UK's economy.

Investors and traders have responded positively to such words and the Pound is continuing to recover (mainly due to falling bond yields). The Chancellor is making a major speech in Oxfordshire today to detail some of her plans (Oxford and Cambridge to be Europe's Silicon Valley) and I'm sure the market will welcome the rhetoric.

The Pound is up by 0.5% versus the US Dollar and just under 1% against the Euro in the last week. This evening, the attention turns to the Fed and its latest interest rate decision. Has Trump said enough to change the Fed's policy?