The Dollar has weakened ahead of today’s US inflation release
The Dollar has weakened ahead of today’s US inflation release, allowing Sterling and the Euro to recover some of their recent losses against it. Comments from Federal Reserve officials yesterday […]
UK Growth and US Data in Focus
UK GDP figures this morning showed the British economy grew by 0.5% in the second quarter, mainly due to stronger services activity as well exports influencing a drive in growth. […]
RBA Hikes Again as Markets Turn to UK Housing and US Jobs Data
Tuesday set off with a central bank policy meeting, this time from Australia. RBA, Reserve Bank of Australia raised its interest rate level for the fourth time in 2026. Base […]
Sterling Faces Growing Budget Uncertainty
As we head into October, I think the biggest domestic risk facing Sterling over the next month is becoming fairly clear: the UK Budget on 28 October. The Pound has […]
Bailey Speech and Key US Data in Focus
The European session begins with German consumer confidence, Spanish GDP and Eurozone money supply and lending figures. These are unlikely to be major standalone market movers, but with the euro […]
Oil Prices Fall as U.S. and Iran Diplomatic Hopes Grow
Oil prices fell again this morning as signs of diplomatic progress between The U.S and Iran, combined with improving prospects of flows of oil weighed heavy on markets. Oil fell […]
UK Borrowing, European Confidence and US Jobs in Focus
Tuesday starts with UK public net borrowing, worth mentioning is that this reading exclude banks. It’s previous figure came in at -1.8B, forecast for today was that net borrowing will […]
Central Banks Tighten as Geopolitics Remains the Key FX Risk
Last week was probably one of the most important we have had for monetary policy in quite a while and, fortunately, the three major central-bank decisions did not deliver any […]
BoJ Turns Dovish as UK Retail Sales Rebound
Bank of Japan, BoJ, raised interest rates in the early morning session by 25 basis points to a base rate of 1.25%. This was in line with expectations of what […]
US Rate Hike Sets Focus on Bank of England Decision
The U.S last night raised their interest rates by 25-basis points as was widely expected, culminating in the first interest rate increase since July 2023 in a bid to control […]