Market updates on June 20
What is moving the markets today
Great Britain injects billions into promising 'industries just to ward off Brexit shocks
On Monday, Prime Minister Theresa May officially announced up to 4 billion pounds of spending on research and development as well as regional growth strategies, setting out ambitious plans to help the UK economy to surge after Brexit.
Amid severe international competition, the UK is considering carving out a fresh global role as a potential leader in so-called "industries of the future," including artificial intelligence and also driverless vehicles after it exits the EU in March 2019.
Badly affected by a botched snap election as well as with Brexit negotiations running behind schedule, May is about to stir up some economic upbeat mood just to help her poor minority government through the country’s most uncertain period since WWII.
The key challenge of Wednesday's budget will be improving the country’s persistently low productivity, lagging international rivals and considered to be as a key limiting factor on economic surge.
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Pay attention to the important release for Canada
Canada will publish the level of core retail sales on June 21, at 15:30 MT.
Preview into the FOMC meeting
Pay attention: the FOMC meeting is today at 21:00 MT time
Latest news
British inflation tacks on for the first time this year
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Evergreen buck heads north
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Gold sinks on soaring greenback
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