Market Update
The BoE delivered as expected a 25 bps hike last week with a relatively positive outlook, with a recession no longer on the cards in the UK and inflation expected […]
Market Update
As we expected yesterday, we saw BoE hike rates by a further 25 basis point. After the decision we heard from governor Andrew Bailey, who touched on three points; BoE no longer […]
Market Update
GBP continued its hot streak against both The EUR & The USD yesterday as both currency pairs hit one year highs, with GBP/EUR closing yesterday’s session just above 1.15, whilst […]
Market Update
Sterling could rise as the Bank of England is likely to raise interest rates by 25 basis points to 4.5% as expected on Thursday and potentially signal further rate increases. […]
Market Update
Last week was pretty eventful with both the ECB and the Fed confirming 25 bps rises as expected, the key takeaways is that the Fed will probably pause for now […]
Market Update
The pound gained versus the dollar and held steady against the euro this morning ahead of an expected U.S. Federal Reserve rate hike later in the day and Thursday’s European […]
Market Update
Sterling rises after U.K. inflation data this morning exceeded analysts’ forecasts, fuelling expectations the Bank of England will raise interest rates further. U.K. inflation fell to an annual rate of 10.1% […]
Market Update
Sterling extended gains above $1.24, moving closer towards an over 10-month high of $1.2546 touched on April 14, after data showed the UK labor market remained tight in the three […]
Market Update
After a disappointing retail sales release from the U.S on Friday, we saw the markets very quickly jump into positions on the Dollar- GBPUSD fell from 1.25 down to 1.24, […]
Market Update
Tuesday was a busy day for global economic releases, below are some of the highlights and impact it had on the markets. UK- BRC Retail Sales Monitor YOY (MARCH)- Forecast: […]