Market Update
- Posted by Shyam Gokani in Bank of England, coronavirus, Currency, Dollar, Economy, EUR, Fed, GBP, Inflation, Rate Cuts, Sterling, UK, Uncategorised
- May 12, 2022
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US Dollar strength continues to be the theme of May after another high release of Inflation data for April bringing the U.S inflation to 8.3%. The figure was lower than the release in March but still higher than expectations, meaning the aggressive rate approach from The Fed Reserve looks set to remain. As it stands […]
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Market Update
- Posted by Shyam Gokani in Bank of England, Currency, Dollar, Economy, election, EUR, Fed, GBP, Inflation, Rate Cuts, Sterling, UK, Uncategorised
- April 28, 2022
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USD strength continues to be the theme of this week, with the safe-haven currency set for it’s best month since 2015. The prospect of aggressive rate hikes in the U.S., in the form of three 50bps hikes in upcoming meetings along with an uplift in demand for The Dollar due to growing concerns for economic […]
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Market Update
- Posted by Shyam Gokani in Bank of England, Budget, coronavirus, Dollar, Economy, election, EUR, Fed, GBP, Inflation, Rate Cuts, Retail Sales, Sterling, UK, Uncategorised
- April 25, 2022
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Last week’s economic releases were fairly quiet up until Thursday when we heard from all three major central banks (the Fed, BoE & ECB) speaking all within the space of 30 minutes. Fed’s Powell confirmed a hawkish outlook for the U.S saying “it is appropriate to be moving more quickly” in relation to their monetary […]
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Market Update
- Posted by Shyam Gokani in Bank of England, Brexit, coronavirus, Currency, Dollar, Economy, EUR, Fed, GBP, Inflation, Rate Cuts, Retail Sales, Sterling, UK, Uncategorised
- April 22, 2022
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The British pound tumbled this morning, following data that showed slumping retail sales and record-low confidence as high inflation has cut into consumer spending. Retail sales volumes slid 1.4% from February, the Office for National Statistics said Friday. Economists polled predicted a drop of 0.2%. Sales were revised to a 0.5% drop in February, higher […]
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Market Update
- Posted by Shyam Gokani in Bank of England, Bremain, Budget, coronavirus, Dollar, EUR, Fed, GBP, Inflation, Rate Cuts, Sterling, UK, Uncategorised
- March 24, 2022
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UK Inflation hit 6.2%, a 30 year high. The main contributors to inflation rising were a surge in prices of Fuel and food. Household Energy bills have increased by 25% by a year ago and forecasts suggest inflation is on the path to hitting 10% in the coming months. Historically GBP would usually strengthen against […]
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- Posted by Shyam Gokani in Bank of England, Currency, Dollar, Economy, EUR, Fed, GBP, Inflation, Rate Cuts, Sterling, UK, Uncategorised
- March 22, 2022
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Uncertainty. If there’s one word to describe the sentiment of FX and global asset markets right now that is it. As expected, President Lagarde’s speech today had no real effect on rates today stating that “we are not seeing the signs of stagflation currently”. Although that might be true for the current time period, that’s […]
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Market Update
- Posted by Shyam Gokani in Bank of England, Brexit, coronavirus, Dollar, Economy, EUR, Fed, GBP, Inflation, Rate Cuts, Sterling, UK, Uncategorised
- March 21, 2022
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A quick recap of last week. We saw the Fed raise rates to 0.5% and the Bank of England follow suit raising rates to 0.75% both events widely anticipated by markets and priced in. The tonality for both central banks however were far from similar, the fed Chair Jerome Powell was extremely hawkish on the […]
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- Posted by Shyam Gokani in Bank of England, Brexit, Currency, Dollar, EUR, Fed, GBP, Inflation, Prime Minister, Rate Cuts, Sterling, UK, Uncategorised
- March 17, 2022
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Yesterday evening saw the first of 2 Central Bank policy meetings with The Fed Reserve moving forward with a rate rise of 25 bps, the first rate hike taken by The Fed since 2018. With inflation currently sitting near 8%, a 40 year high, and inflationary pressures effecting prices and potential supply of commodities such […]
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- Posted by Shyam Gokani in Bank of England, Currency, Dollar, Economy, EUR, Fed, GBP, Inflation, Rate Cuts, Sterling, UK, Uncategorised
- March 16, 2022
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Anticipation is at its highest amongst Investors as we await an expected rate hike to 0.5% today from the Fed, in a lacklustre attempt to get inflation under control which is at a 40 year high. Wall Street bank Goldman Sachs see a further 7 rate hikes ahead for the Fed’s this year with expectations […]
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Market Update
- Posted by Shyam Gokani in Bank of England, Brexit, coronavirus, Currency, Dollar, Economy, EUR, Fed, Inflation, Rate Cuts, Sterling, UK, Uncategorised
- February 2, 2022
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The Main Data out today is for the Euro area, the forecasted figures for January would suggest that both Inflation and core Inflation is coming down; Inflation has been on an upward trajectory throughout the Pandemic; rising from 4.1% in Oct, 4.9% in Nov to 5.0% in December. Exactly 1 year ago in Jan 2021 inflation […]
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