Interest rate risk covers the volatility that may accompany interest rate fluctuations due to fundamental factors, such as central bank announcements related to changes in monetary policy. (investopedia.com)
The speech is at 12:20 BST (it is still sumertime apparently) and in the build up I'll bring you details of the business secretary's big British Bank announcement and the reaction to it. (politics.co.uk)
After the Swiss National Bank announcement, the euro was trading at just above the central bank's new target of 1.20 Swiss francs after trading near 1.10 francs. (reuters.com)