The inflationary pressures in the UK have been consistently keeping the GBP bid over recent weeks. Inflation pressure kept up expectations of the Bank of England needing to hike interest…
The key to understanding FX moves is to have a firm grasp of monetary policy as communicated by central banks. The EURGBP is being pressured lower by GBP strength at…
To start the year, analysts were optimistic about oil prices. China’s recovery from Covid was expected to boost demand, supply was expected to tighten in the second half of the…
Inflation is stickier around the world, with most central banks concerned about the core reading. The Fed’s preferred measure of inflation is the US PCE print. The ECB is closely…
This was a week where the market continued to move in light of Powell’s recent insistence that two more rate hikes from the Fed are likely. This kept stocks pressured…
The recent RBA meeting surprised markets with another unexpected 25 bps rate hike. With headline inflation at 7% y/y and core inflation at 6.6% y/y, the RBA took action to…
Despite surging yields, the GBP finds itself in a struggle as the UK grapples with stubborn inflation. This week’s unexpected surge in both headline and core inflation left the Bank…
The latest SVB news has greatly changed interest rate expectations for the Federal Reserve meeting on Wednesday. Short Term Interest Rate markets have reacted very strongly to the news pricing…
Since the start of February, the USD has enjoyed a resurgence on a string of data points showing that the US may still need more rate hikes to contain a…
The BoJ has been slowly moving away from its ultra-loose monetary policy but has been doing it in slow stages. First of all, we had the yield curve expanded and…