Yeah, absolutely. Thanks very much, Matt. It's another complex week for financial markets a week in which with a distinct DM Central Bank focus as the Fed, ECB and Bank of Japan meetings grabbed the headlines and a surprise cut from China highlighted the disparity or divergence of global central bank policy cycles. Next week, the impact of these policy decisions likely continue to ruminate and there are a number of focal points for us that stand out.

Firstly, we get a further focus on global growth momentum as well as regional disparities with the release of the flash global PMI data for June. Now, these data will be watched very closely with Europe and Asia of key importance. Now, more broadly, we get RBA minutes from the June meeting where details of the RBAs views on the balance of risks to growth and inflation will be keenly watched for inference about the future rate path. Canadian retail sales data will have a similar reference after the Bank of Canada ended its pause with a hike just recently. Swiss National Bank and Norges bank policy decisions on Thursday add further color to the bait on global growth momentum and divergences and will all be keenly watched.

Secondly, the impact of this week's FOMC will continue to be digested by markets into next week and beyond. Now, we discussed the Fed pause forward guidance, DOTs and the SEPs in further detail in this week's blogs. But as we approach the terminal rate in the US the incremental commentary from Fed speakers will be critical to the balance of risks. From our perspective, while many commentators view the projections from the June meeting as a hawkish surprise, it's likely that the broad economic projections set a high bar or a high economic sensitivity to delivering the projected rate hikes, particularly given the new emphasis on the pace of tightening implying slower hikes against the backdrop of a slowing growth and rebalancing supply and demand backdrop in the U S. Fed comment and market price action in the US yield curve will remain an acute focus through next week.

Then lastly, but by no means leastly next week will be a huge week for the UK. Now, from a data perspective, we get a very important CPI print where markets are expecting headline inflation to drop to 8.4% year on year, although that is still above expectations for last month's data print and a 6.7% year on year core measure. And a retail sales print also for May, which is likely to show continued weakness in consumer demand. Now these two prints and the broader economic trajectories around them highlight the core difficulties of the current monetary policy debate in the UK. A debate which will be central to the Bank of England's policy decisions on Thursday. With National Press highlighting the volatility in consumer mortgage markets, the Bank of England will be under pressure to deliver a clear narrative around the policy path and or an explicit focus on the balance of risks to this complex growth inflation dynamic. The Bank of England are expected to height 25 basis points to 4.75%, but it is likely this Thursday is more about what they say than what they do. Huge week for the Bank of England, huge week for the UK more broadly.