· UK 2Q GDP meets the consensus and matches a 2001, yet the event risk still leads to a pound rally.
· The Dollar’s docket is top billing next week with 2Q GDP, ISM manufacturing and July NFPs all scheduled within 36 hours of each other.[B]
Stories to watch on DailyFX[/B]
· A pull back in high yield currencies may have dampened a breakout in risk appetite and the carry trade.
· Prepare for next week’s loaded economic docket with Kathy’s Daily Fundamentals.[B]
Send any comments or questions to <[email protected]>.[/B]