|

UK PM Johnson's spokesman: Not aware of any imminent new lockdown measures

British Prime Minister Boris Johnson's spokesman said that they continue to work hard on trying to turn the tide against the coronavirus within 12 weeks and noted that he is not aware of any imminent new lockdown measures. 

Key takeaways

"The PM is self-isolating, following guidelines to self-isolate for seven days."

"Cummings has not been tested for coronavirus."

"More than 900 front line staff were tested over the weekend."

"It remains the intention that within three weeks we will carry out 25,000 tests a day."

"The Brexit transition period ends at the end of this year, this is enshrined in the UK law."

"In terms of the future relationship, the shared texts are the subject of discussions between officials which continue this week."

"More continuous discussions are taking place rather than the set rounds we previously envisaged."

Market reaction

The GBP/USD pair paid little to mind to these comments and was last seen trading at 1.2405, down 0.42% on a daily basis.

Author

Eren Sengezer

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

More from Eren Sengezer
Share:

Editor's Picks

EUR/USD trims gains, back below 1.1800

EUR/USD now loses some upside momentum, returning to the area below the 1.1800 support as the Greenback manages to regain some composure following the SCOTUS-led pullback earlier in the session.

GBP/USD off highs, recedes to the sub-1.3500 area

Following earlier highs north of 1.3500 the figure, GBP/USD now faces some renewed downside pressure, revisiting the 1.3490 zone as the US Dollar manages to regain some upside impulse in the latter part of the NA session on Friday.

Gold climbs to weekly tops, approaches $5,100/oz

Gold keeps the bid tone well in place at the end of the week, now hitting fresh weekly highs and retargeting the key $5,100 mark per troy ounce. The move higher in the yellow metal comes in response to ongoing geopolitical tensions in the Middle East and modest losses in the US Dollar.

Crypto Today: Bitcoin, Ethereum, XRP rebound as risk appetite improves

Bitcoin rises marginally, nearing the immediate resistance of $68,000 at the time of writing on Friday. Major altcoins, including Ethereum and Ripple, hold key support levels as bulls aim to maintain marginal intraday gains.

Week ahead – Markets brace for heightened volatility as event risk dominates

Dollar strength dominates markets as risk appetite remains subdued. A Supreme Court ruling, geopolitics and Fed developments are in focus. Pivotal Nvidia earnings on Wednesday as investors question tech sector weakness.

Ripple bulls defend key support amid waning retail demand and ETF inflows

XRP ticks up above $1.40 support, but waning retail demand suggests caution. XRP attracts $4 million in spot ETF inflows on Thursday, signaling renewed institutional investor interest.