Eurozone Outlook and Market Impact Following ECB Minutes
Yesterday ECB (European Central Bank) held its council meeting minutes. Some of its members mentioned that their rate cut cycle came to an end in October, unless the presence of […]
Markets React as US Data Softens and NZ Surprises with Rate Move
Yesterday the US Dollar has weakened slightly because recent US data has been soft, in the form of retail sales, weaker consumer confidence and producer prices remaining on a steady […]
Markets Watch US Data as Autumn Budget Approaches
Ahead of tomorrow’s long awaited Autumn budget, todays focus will be on the US and delayed releases from back in September of retail sales and PPI (Producer Price Index). PPI […]
Market Outlook Ahead of the Autumn Budget and Global Rate Decisions
Last week provided a brief, yet significant, reprieve for the embattled Pound Sterling, with GBP/USD managing to close just shy of the 1.31 handle and GBP/EUR settling marginally below 1.14. This […]
Sterling Softens as UK Retail Sales Slide and US Jobs Rebound
Sterling’s negative trend has been noticeable throughout this week. This morning did not help, seeing UK retail sales fall short of expectations and to its previous figures in September. October […]
UK Inflation Drops as Markets Prepare for Key Budget Announcements
UK inflation came out first thing this morning and landed exactly as expected. Headline figures showed a drop to 3.6 percent from 3.8 percent and core inflation also showed signs […]
Renewed Stability for Global Markets After US Government Reopens
Last week finally brought a degree of relief to global markets as the US government ended its shutdown after several tense weeks of political deadlock. The reopening restores some certainty […]
Fiscal Signals Shake GBP Before US Data Takes Centre Stage
Friday started off with downward pressure for GBP after Rachel Reeve said that for the autumn budget the government might avoid increasing income tax. With a potential policy shift so […]
UK Growth Slows as Markets Await Bank of England Rate Decision
Poor economic performance in The UK continues to gather momentum over the past three months as the economy grew by a meagre 0.1%. More importantly, the three months from July […]
Sterling Slips as UK Job Market Weakens and Wage Growth Cools
Tuesday set off with unemployment rate and average earnings for the UK. Noticing a lift for the unemployment rate up to 5%, its highest level in 2025. Expectations were that […]