Markets Await Fed and BoC Decisions as Dollar Strengthens Ahead of Key Talks
Overnight, we’ve seen the U.S. Dollar strengthen after President Trump said he expects to reach a “great deal” with China’s President Xi when they meet later on Thursday. His comments […]
Dollar Strengthens as Trade Tensions Rise and Key U.S. Data Looms
The Dollar firmed overnight after concerns grew over the U.S imposing more tariffs on China which could spark a renewed trade war between both economies. Concerns over U.S – China […]
UK Inflation Dip Fuels Pound Weakness and Rate Cut Expectations
UK Inflation came in a little lower than expected, which has pushed the Pound down against other major currencies. Prices rose 3.8% over the past year, slightly below the 4% […]
UK GDP Growth Offers Temporary Relief Ahead of November Budget
Rachel Reeves has been provided a helpful boost this morning with UK GDP showing modest growth in August of 0.1%. The Office for National Statistics also reported that GDP grew […]
ECB Rate Decision in Focus as U.S. Inflation Data Looms
All eyes today are purely on The European Central Bank’s meeting in Frankfurt as they release their next interest rate decision. Up until June of this year, the ECB had […]
Euro Holds Firm as Markets Eye Euro-Zone Retail Sales and U.S. Jobs Data
The Euro is holding firm at the beginning of this morning’s session with focus on July’s Retail Sales for the Bloc. With Euro-Zone inflation having rose slightly last month, but […]
Pound Weakens Amid Surging Bond Yields and Stubborn Inflation
The Pound has fallen further this morning in the aftermath of The UK’s government bond yields rising to their highest levels since 1998, as concerns deepen around the capability of […]
Sterling Strengthens as French Political Crisis Deepens
Renewed French political crisis has allowed for further Sterling gains against the Euro as French prime minister is set to fall on the 8th of September once confidence vote takes place […]
Fed Minutes Signal Patience as Inflation Pressures Mount
The Federal Reserve minutes for their July meeting brought some further respite for The US Dollar as it largely reiterated the wait and see approach regarding cutting interest rates. Although […]
UK Inflation Surges to 3.8% as BoE Faces Mounting Pressure
UK Inflation has come out hotter than expected, climbing to 3.8% against expectations of 3.7%. Services inflation climbed to 5% which will be of a concern to The Bank of […]