Absolutely. Yeah, thanks Matt. This week the UK will be front and center as the country and much of the Commonwealth goes into a period of mourning following the sad death of Elizabeth II, our Queen.

There is much to reflect upon following her Majesty's last act of public duty in asking Liz Truss to form a new government as prime minister within a swift announcement of a far reaching fiscal intervention to cap energy prices. Near current levels for the next two years potentially a massive fiscal injection, the new chancellor will set out the cost in a fiscal statement over coming weeks. The Prime Minister has also announced a review of energy regulations and net zero implementations alongside an energy supply task force, looking to reduce the cost of this historic intervention.

We also get a raft of UK data this week, GDP, employment and CPI. All critical elements for the monetary policy decision of the Bank of England on Thursday. The bank has a very difficult balance as the government's fiscal intervention could be seen as a significant boost or a life support for the consumer and for growth projections. But at the same time, will sharply reduce CPI progression. A complex demand and inflation adjustment for the bank of England and a difficult decision, therefore.

Markets are expecting 50 basis points, but we would argue uncertainty at next week's meeting is likely elevated, the thoughts and I interpretations of the bank of England in relation to the fiscal intervention will be very important. However, seeing is not a monetary policy report month commentary may not be communicated as fully as we might like.

Secondly as the Bank of England juggle with the demand and inflation trade off in the US, it's likely all about inflation. Next Tuesday, we get the US CPI print for August with analysts expecting a further drop to 8.1% year on year in August. That's down from 8.5% in July and the huge 9.1% in June. More broadly we are seeing anecdotal evidence of falling price pressures from global oil prices and indeed natural gas, from used cars to international freight shipping costs all prices heading in the right direction there. Now, while this week's commentary from power was entirely consistent with the Jackson Hole narrative, that the fed will act forthrightly on inflation. We will consult dictionary corner to determine whether forthrightly is a moderation or downgrade from expeditiously, although I suspect it is, and that history cautions against premature. Loosening of policy from restrictive territory. However other Fed speakers this week have highlighted rising risks and thus monetary policy considerations of both the lagged impact of previous monetary policy tightening and the implications of slowing global growth.

Overall, we see this as a less hawkish monetary backdrop than the market and sell-side analysts encourage at the current juncture.

And finally we get a global demand or global growth momentum focus from the German ZEW index for September. And for the data suite from China, for August industrial production, retail sales, investment, and unemployment data. What will be a key focus as markets try to gauge the extent of the demand, slow down and by extension the implications for demand led inflation and the global monetary policy momentum, all of this set against a somber reflection in the UK next week.