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 […]
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 […]
UK Inflation Rises Above 3% as Rate Hike Expectations Grow
UK August Inflation figures were released this morning, climbing back above 3% with a sharp rise in fuel costs having contributed to the increase. When we compare the monthly inflation […]
UK Jobs Data in Focus as Markets Await Fed Decision
Tuesday commence with UK average earnings and unemployment rate. With inflation pressure for the UK, average earnings and unemployment levels will be of high importance for the UK economy, government […]
A Crucial Week Ahead for Global Interest Rates
Last week was a telling one for currency markets, with the ECB choosing to raise interest rates by 25 basis points and, perhaps more importantly, leaving the door open to […]
ECB Sets the Tone as Inflation and Energy Costs Rise
Yesterday ECB was out holding their interest rate decision. To no ones surprise they led the way and stay on par with expectations raising interest rates levels by 25 basis […]
US Jobs, Central Banks and the Week Ahead
Last week’s main focus was the Japanese Yen and the US Dollar, with USD/JPY briefly reaching the 160.00 level on Monday. This immediately put markets on alert for potential intervention, […]
US Dollar Strength Continues as Markets Assess Rate Hike Risks
Further US Dollar strength continued throughout Tuesday and overnight, mainly supported by its safe-haven status with Oil prices climbing higher, as well as a sell-off in the bond markets. The […]
US Dollar Rebounds as Fed Rate Expectations Shift
The USD has recovered its recent losses against both GBP and EUR. At Jackson Hole, Kevin Warsh the chairman of the Federal Reserve gave his view of the US economy […]