Good day everyone,

Oh look, USDJPY at 102.50, again ! So all delicately poised for Mr Kuroda at 06.30 gmt assuming the press conf isn’t embargoed.

The pound remains under pressure following yesterday’s lower inflation data and this morning brings us the MPC minutes and retail sales to get stuck into at 08.30 gmt, then the CBI industrial trends orders at 10.00 gmt

The other highlight is SNB chairman Jordan spouting forth at 10.00 gmt and, lest we forget, the not so small matter of Mr B delivering his eagerly awaited testimony to congress at 14.00 gmt ahead of the FOMC minutes released at 18.00 gmt

All in all it promises to be quite a day, and as ever we’ll be here to hopefully make it a profitable one for you.

DATA 22 MAY