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 […]
Volatility Returns as UK Fiscal Pressures Mount and Dollar Weakens
Last week brought plenty of volatility across the markets. The most notable moves were Dollar weakness and Sterling strength, driven by an upside surprise in UK GDP figures, which came […]
Sterling Strengthens as UK GDP Beats Expectations
UK GDP has provided Sterling with further support as the economy rebounded in June. Figures show the economy grew by 0.4% month-on-month, crucially bringing a halt to a run of […]
Trade Truce Extended, UK Job Market Holds Steady, and US Inflation in Focus
What was supposed to be the final day of the trade truce between the US and China, has now been extended by another 90 days. Markets did see this as […]
Turbulent Week for Currencies as Key Events Approach
Last week brought more turbulence to currency markets, with the Bank of England’s decision to cut interest rates delivering an unexpected short-term boost to Sterling. The move was widely anticipated, […]
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 […]
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 […]
Fed Minutes Hint at Delayed Cuts as Copper Tariffs Shake Markets
Last night we had The Federal Reserve meeting minutes from June’s meeting where just a few members backed an interest rate cut this month. Although concerns around inflation coupled with […]