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 […]
UK Economy Flat in July Ahead of Key Central Bank Meetings
There was no expansion for the UK economy in July seeing it flatlined at 0%. After positive signs in Q2 for the UK economy, expectations where that the second half […]
ONS Delay Japan Inflation Falls Powell Speech in Focus
What was supposed to be a morning of UK retail sales, will now take place on the 5th of September. This was announced two days ago, as The Office for […]
Sterling Rises on BoE Split Decision as Tariff Tensions Escalate
It did not come to anyone surprise that Bank of England did lower its interest rate by a quarter of a percent yesterday. Now sitting at a base rate of […]
Pound Strengthens as EU-US Trade Deal Progresses and ECB Decision Looms
Pound-Euro has been helped further over the past 24 hours as details of a pending trade deal between the U.S & Europe is getting closer to being agreed. Reports suggest […]
Surprise UK Inflation Spike Adds Pressure to Bank of England
UK Inflation has yet again surprised markets this morning, rising to 3.6% as economic troubles continue. This unexpected rise in inflation has now given The Bank of England a headache […]
UK GDP Contracts Again: Pressure Mounts on BoE as Growth Falters
We noticed a second consecutive contraction for economic growth in the UK this morning. After a sharp fall back in April of -0.3%, forecast suggested an uplift of 0.1% in […]
Bank of England Holds Rates as Economic Pressures Mount
The Bank of England held interest rates steady at 4.25% during its policy meeting yesterday but signalled a growing appetite for easing in the near term. Notably, three members of […]
GBP Slides as UK Labour Market Weakens and Recession Fears Grow
Tuesday morning started off in red for GBP against both EUR and USD, after average earnings and unemployment figures were released. An indication in the wrong direction for both indices, […]
Surprise Inflation Spike Shakes UK Rate Cut Hopes as Sterling Hits 3-Year High
Inflation has surprisingly climbed higher than initial forecasts, with an increase in household bills being the main contribution to inflation rising to 3.5%. It’s also notably the highest level of […]