No More Rate Hikes Likely from BoE as Inflation Hits Two-Year Low
UK inflation fell sharply in October and faster than the Bank of England anticipated, further […]
Yen Nears Multi-Decade Low Against Dollar, Eyes on Japan’s Response
Japanese Yen continues to weaken, accelerating its decline in today’s Asian session and edging closer […]
Traders Eye Inflation Reports, OPEC Pushes Back
It’s been a relatively uneventful start to the week but the next couple of days […]
Bank of England Initiates Stress Test In Aftermath of Liz Truss Budget Disaster
In a groundbreaking move, the Bank of England has called upon more than 50 financial […]
Week Ahead – US and UK Inflation Data to Take Center Stage
US inflation numbers the next event to shake up Fed bets Pound traders lock gaze […]
US Yields Spike, Equities Fall, Oil Rebounds
Bad. Yesterday’s 30-year treasury auction in the US was bad. And this time, the bad […]
Dollar’s Recovery Meets Quiet Markets, GBP/AUD in Focus
As US session unfolds, the Dollar is showing signs of rally, buoyed by recovery in […]
Can the Upcoming UK Data Revive Bets of Another BoE Hike?
Despite hawkish BoE, investors don’t expect more hikes Friday’s GDP data expected to reveal slight […]
BoE’s Pill suggests rate cuts by mid-2024 “not totally unreasonable”
In an online event overnight, BoE Chief Economist Huw Pill acknowledged the slower pace of […]
Dollar Dives on Risk Appetite Revival and Sliding Yields
In a week marked by a significant shift in investor sentiment, Dollar found itself at […]
Weekly Focus – Halloween Did Not Spook Markets
Markets were not spooked by Halloween as equities climbed significantly higher while rates and the […]
BoE’s Pill: Maintaining restrictive rates, not hikes, essential for tackling inflation
BoE Chief Economist Huw Pill highlighted today that the existing policy rate, deemed restrictive, is […]