Around the autumn of last year, the UK bond market was in a crisis. The cost of living, energy price surges, and uncoated tax cuts announced by the Government, sent…
Time for GBPUSD to erase the BoE’s falls? On February 2, the Bank of England made a 50bps hike as expected. However, the decision was ultimately seen as a dovish…
Heading into the meeting the Bank of England was expected to hike interest rates by 50bps to 4%. The Bank hiked with a 7-2 vote split. Two voters, Tenreyro and…
That’s what the seasonal bias says from a historical event perspective. Over the last 23 years, the seasonal pattern around a Bank of England Rate hike looks like this on…
The outlook for the UK remains bleak with the Bank of England projecting 5 quarters of recession. On top of this, the UK is in a bleak political phase. The…
Last week’s UK budget marks a return to austerity. The key sentiment of Chancellor Jeremy Hunt’s statement was that the UK now intends to live within its means. There were…
What a difference a new Prime Minister has made to the Bank of England! The Bank of England hiked rates by 75 bps to 3% last week in the biggest…
Major central bank rundown It’s time for your central bank catch up. The link to the latest statement is at the bottom of each section, so just click there to…
This week the BoE and the Federal Reserve both met and both had divergent views on the terminal rate for each country. The Fed hiked by 75bps as expected, but…
The bond market is the truth. So goes the old saying. It is also very helpful. Bond traders are often looking ahead and signs of stress in markets often appear…