BoE officials address credit conditions and interest rates amid market turmoil
BoE Governor Andrew Bailey acknowledged the existence of “some evidence of some tightening credit conditions” […]
Dollar Remains in Defensive, Even Against Yen
Markets Yesterday, financial stress that dominated investor positioning going into the weekend, gradually subsided. Markets […]
Japanese Yen Suffers the Most on Currency Markets
Markets Investors adopted a glass-half-full approach at the start of the new week, extending an […]
GBP/USD – Will BoE’s Bailey Shake Up the British Pound?
The British pound is trading quietly on Monday. In the European session, GBP/USD is trading […]
Process of Restoring Confidence Will Take Quite Some Time
Markets On Friday, market fears on financial stability focused on Europe. Deutsche Bank was in […]
Weekly Economic & Financial Commentary: Fed Tightening – The End is Nigh
Summary United States: Federal Reserve Hikes the Fed Funds Rate by 25 bps The FOMC […]
Weekly Focus – Central Banks Hold Steady Course Despite Banking Jitters
After UBS’ takeover of Credit Suisse and the wipe-out of AT1 bondholders, risk sentiment remained […]
The Week Ahead: The Fed’s Preferred Inflation Gauge is on the Menu
Three major central banks hiked rates totalling 125bp last week, and whilst it is not […]
GBP/USD – Pound Slips as PMIs Dip, BoE Hikes Again
The British pound is down considerably on Friday after mostly soft numbers out of the […]
UK PMIs: Economic returns to modest growth in Q1
UK PMI Manufacturing dropped from 49.3 to 48.0 in March. PMI Services dropped from 53.5 […]
GBP/USD: Cable Loses Traction After Upside Rejection, Little Help from Upbeat UK Retail Sales
Cable is standing at the back foot in early Friday’s trading after hitting new highest […]
BoE Mann: Rising core goods and services prices make our job difficult
BoE MPC member Catherine Mann, known for her hawkish stance, highlighted yesterday the difficulties in […]