Reply To: Traders Market Weekly: Political Risks and Central Banks


Press reports from the U.K. suggest that Penny Mordaunt, Rishi Sunak, and former Prime Minister Johnson are the front runners to replace Liz Truss.
Germany’s parliament voted in favor of suspending its constitutional debt brake. Adidas lowered its guidance for the fiscal year for the third time this year.
Germany dropped its opposition to an EU gas price cap.
U.K.’s September Retail Sales -1.4% m/m (expected -0.5%; last -1.7%); -6.9% yr/yr (expected -5.0%; last -5.6%). September Core Retail Sales -1.5% m/m (expected -0.3%; last -1.7%); -6.2% yr/yr (expected -4.1%; last -5.3%). September Public Sector Net Borrowing GBP19.25 bln (expected GBP12.30 bln; last GBP8.58 bln).
October GfK Consumer Confidence -47 (expected -52; last -49)