Sterling Under Pressure as BoE Holds and Reeves Signals Fiscal Tightening
It’s been another turbulent week for the Pound, as both monetary and fiscal headlines out of the UK triggered sharp market reactions. Between the Bank of England’s closely contested rate […]
Sterling Under Pressure Ahead of Bank of England Decision
Sterling remained under pressure this morning as investors positioned themselves ahead of the Bank of England’s policy announcement. Markets are currently pricing in a one-in-three chance of an interest rate […]
Pound Weakens as UK Tax Hike Shocks Markets
The Pound’s fall has continued from yesterday after Chancellor Rachel Reeves surprised investors with an unplanned tax announcement. She confirmed that the government will raise income taxes, breaking one of […]
Sterling Slides as Reeves Announces Surprise Income Tax Rise
Sterling fell to its corresponding G10 pairs after Rachel Reeves held an unscheduled announcement confirming that she will raise income taxes, this was one of the main manifesto pledges that […]
Sterling Struggles as Markets Await UK Budget Clarity
Last week delivered another tough run for Sterling, with the Pound sliding against most major currencies. The weakness has less to do with a dramatic shift in economic fundamentals and […]
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% […]
Weekly Market Outlook: A Ceasefire, a Shutdown, and a Fragile Dollar
After another volatile week in the markets, we ended on a slightly calmer note – at least on the surface. President Trump brokered a temporary ceasefire in the Middle East, easing geopolitical […]
GBP Slips as UK Unemployment Rises
There has been activity on markets in the early session of Tuesday. It all commenced at 7am when UK released unemployment rate. Month-on-month we saw an uplift of 0.1% to […]
Markets Rocked by Tariff Shock as Trump Reignites Trade War Fears
Markets were shaken late on Friday after President Trump announced plans to impose 100% tariffs on Chinese imports, reigniting fears of a global trade war. The move sent shockwaves across asset […]
Fed Turns Dovish While BoE Edges Toward Cuts
After a turbulent week packed with central bank decisions, the days ahead look relatively calmer, but by no means without interest. The Federal Reserve delivered a 25bps cut as expected, while also […]