Will UK Growth Data Spoil the Pound’s Bounce Back?
Britain’s economy has been on the receiving end of some of the more pessimistic forecasts […]
EUR/GBP Likely Heading to 0.90 Handle
The European stock markets and the single currency continue to receive support from risks that, […]
BoE Mann: Energy caps allow reorientation of spending, and higher inflation elsewhere
BoE MPC member Catherine Mann “The caps on energy prices allow the reorientation of spending […]
Dollar Selling Re-emerged on Surprisingly Positive Risk Sentiment
Risk sentiment was surprisingly positive in the first week of the year. The stock markets […]
Week Ahead – Inflation Remains Key
US This week’s main event will be when a little inflation report comes out. The […]
Week Ahead – US Inflation Back in Focus, UK Data to Underline Recession Risks
After a choppy start to the new year, markets will be bracing for the next […]
Forex Friday: GBP/USD, USD/CAD and EUR/GBP
Welcome to another edition of Forex Friday, a weekly report in which we discuss selected […]
Big Companies Cut Jobs
Yesterday’s US ADP print was too strong to please the Fed. And in the middle […]
UK PMI services finalized at 49.9 in Dec, fractional fall in activity
UK PMI Services was finalized at 49.9 in December, up from November’s 48.8. S&P Global […]
Calendar Modestly Interesting With US ADP Labour Data
Markets Yesterday, trading basically followed the pattern from earlier this week. Bonds rallied, with Europe […]
UK PMI manufacturing finalized at 45.3 in Dec, took a further turn for the worse
UK PMI Manufacturing was finalized at 45.3 in December, down from 46.5 in November, a […]
BoE Pill: Distinctive context prevails in UK creates the potential for more persistent inflation
BoE Chief Economist Huw Pill said in a speech that the central bank’s communication “rightly […]