Region: Europe

US 2-year yield closing in on 22-year high. EUR/CHF eyeing lowest weekly close on record. Pound buckles under global risk aversion.

Strong US data amid rising tensions. UK stagflation fears persist. Euro is hoping for a Chinese comeback.

Euro vulnerable to geopolitical escalation. Retail sales expected to show evidence of weakness. Easing UK wage growth weighs on pound.

Dollar supported by last week’s CPI surprise. ECB to hold rates as Germany falls into recession? Wages and inflation to drive BoE outlook.

Tail risk of a Fed hike supports the dollar. ECB speak overshadowed by US inflation. Sterling fades ahead of key data next week.

Neutral euro at $1.06 awaiting Thursday’s data. Dollar on track for seventh consecutive fall. UK economy grows again, pound mixed.