GBP Bounces on CPI, NZD Down after RBNZ
New Zealand Dollar falls broadly today as the markets considered the RBNZ rate hike as […]
UK CPI to Drop, But Will It Change BoE?
UK CPI will finally fall below double digits when the April report is issued tomorrow. […]
UK PMI composite dropped to 53.9, but BoE has more work to do
UK PMI Manufacturing dropped from 47.8 to 46.9 in May, a 5-month low. PMI Services […]
Week Ahead – Debt Ceiling Drama, Turkish Rate Decision Pre-Presidential Run-off
US Wall Street will remain focused on debt ceiling drama, a plethora of Fed speak, […]
Will a Slowdown in UK Inflation Change the BoE’s Plans?
With the BoE leaving the door open to more rate hikes at its latest gathering, […]
Week Ahead – RBNZ, Fed Minutes, UK & US Inflation, Flash PMIs to Headline Packed Week
The RBNZ looks set to raise rates for a 12th time in the coming week, […]
British Pound Drifts Lower, Markets Eye Bailey Testimony
BoE Governor Bailey to testify before Treasury Committee on Thursday Fed says remains open to […]
BoE Bailey: Will adjust rate further if inflation pressures persist
BoE Governor Andrew Bailey pledged in a speech, “I can assure you that the MPC […]
Pound Ignores Lousy News, Including Labour Market
The UK labour market is deteriorating at an increasing rate. Data released this morning showed […]
Canadian Dollar Rises on Unexpected Inflation Uptick; Australian Dollar Continues to Struggle
Canadian Dollar is enjoying a broad rally in early US trading session, fueled by data […]
US Default: If the US Government Runs Out of Money, What Direction Will the Markets Take?
Who would have thought that we would ever see a time during our lives in […]
UK CPI slowed to 8.7%, CPI core rose to highest since 1992
UK CPI slowed from 10.1% yoy to 8.7% yoy in April, above expectation of 8.2% […]