Greek vote paves way for rate hikes
Both of the most likely central bank candidates for commencing monetary policy normalisation have this week been vocal about the increased chances of them raising interest rates soon. With the bailout...
View ArticleBank of England’s Super Thursday approaches
Sterling will continue to be a focus today ahead of the Bank of England’s big day tomorrow where for the first time they will announce interest rates and release the minutes of their decision at the...
View ArticleSterling move suggests no rate hike this year
The Bank of England’s longer term projection for inflation threw a bucket of cold water over sterling which fell from 1.5600 against the dollar over 100 pips to below 1.5500, whilst it moved lower...
View ArticleRates lower for longer
In the absence of any meaningful economic data today investors are looking ahead to tomorrow’s Bank of England interest rate policy and FOMC minutes. For some time now the markets have been of the...
View ArticleUK GDP not the key for BOE
Today’s sees the first reading of Q3 GDP data in the UK and it is expected to dip to 0.6% from 0.7% in Q2. Recent manufacturing surveys have indicated that the sector is slowing and despite...
View ArticleBridging the sterling gap
We’ve reached the day of reckoning in the UK today with the release of the MPC decision, together with the minutes to this decision and also the latest quarterly Inflation Report. Naturally this brings...
View ArticleGloomy markets will keep BOE dovish
So yesterday’s bout of risk was indeed temporary as we’ve seen yet another sea of red across Asian markets overnight and European indices are due to head down back towards their lows of the year. On...
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