Economic calendar is quite light with EIA Crude Oil Inventories report and UK’s supplementary budget being the two noteworthy events scheduled for today. The Chancellor’s supplementary budget is set to update the nation on the state of the UK economy while also announcing new stimulus measures aimed at supporting the country’s post-coronavirus economic recovery. British Pound might tumble if the Chancellor’s stimulus measures fail to impress investors.
Notable releases during European session:
12:00 BST - US MBA mortgage applications. Previous: -1.8%
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