GBP/USD Loses Ground on Soft Employment Report
The British pound has extended its losses on Tuesday. In the European session, GBP/USD is […]
Cliff Notes: Waiting in Anticipation
Key insights from the week that was. Australian Q4 GDP printed broadly as expected, rising […]
BoE’s Pill: Interest rate cuts “some way off” pending inflation evidence
BoE Chief Economist Huw Pill suggested in a speech that interest rate cut is still […]
USD Takes Lead During Mild Risk-off
Markets A batch of US data turned out mixed yesterday. Strong core capital good shipments […]
BoE’s Dhingra pushes for rate cut, citing inflation decline and consumption woes
BoE’s known dove, Swati Dhingra, reinforced her stance on the necessity for a rate cut […]
Will FOMC Minutes Give Clues on the Timing of Rate Cuts?
In focus today Today, we receive euro area consumer confidence figures for February. Consumer confidence […]
BoE Bailey: Market’s rate cut outlook not unreasonable, yet unendorsed
In a session with the Treasury Select Committee today, BoE Governor Andrew Bailey acknowledged that […]
How Does a UK Recession Affect the Pound’s Fate?
BoE maintains more hawkish stance than Fed, ECB Despite recession in H2 2023, rate cut […]
Market Optimism Endures Through a Week of Economic Paradoxes
This past week showcased a rollercoaster of economic revelations and market responses. Despite a mix […]
BoE’s Mann focuses on forward-looking indicators after last year’s soft patch
BoE MPC Catherine Mann commented overnight on the -0.3% quarterly contraction in GDP for Q4 […]
GBP/USD – UK in Recession But That’s Unlikely to Sway BoE Yet
UK GDP -0.3% in Q4 and -0.1% in December BoE not concerned about recession GBPUSD […]
BoE’s Mann: A long way to go on both services and goods inflation
BoE MPC member Catherine Mann delivered a stark message overnight, emphasizing that the UK has […]