Heading into the ECB rate meeting on Thursday this week, a Reuters poll from last week shows 39 out of 69 economists surveyed are expecting the European Central Bank to…
Going into the ECB rate meeting on Thursday has markets expecting the ECB to remain on hold with rates. The latest Reuters poll shows 39 out of 69 economists expecting…
Over the last weekend, at the Jackson Hall symposium, we heard from ECB’s head, Christine Lagarde, who reminded markets that the ECB remains on a meeting-by-meeting approach. The next significant…
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…
On Wednesday, we will see the European PMI prints for August. The usual split is expected between manufacturing and services data with manufacturing data expected to come in worse than…
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…
Short-term interest rate markets and economists are both expecting the ECB to hike rates by 25bps on Thursday at 13:15 UK time. Christine Lagarde clearly signaled a July rate hike…
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…
One of the most hotly anticipated events for next week on May 24th will be the UK’s inflation data. At the last rate meeting the BoE hiked interest rates as…
On Thursday, the Bank of England meets and it is faced with a tough decision. In an ideal world, it wants to be able to signal to markets that inflation…