United States Richmond Fed Manufacturing Index came in at -15, below expectations (-10) in May

United States New Home Sales Change (MoM) registered at 4.1% above expectations (3.3%) in April

United States New Home Sales Change (MoM) registered at 4.1% above expectations (3.3%) in April
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GBP/USD seen underperforming further over the short-term driven by policy divergence expectations – MUFG

UK inflation will be in focus this week and MUFG Bank’s GBP bias has turned more neutral too given scope for lower inflation than the BoE expects. UK
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