by Jonathan Cook | Mar 17, 2026
Sterling stabilised into the new week, despite a disappointing GDP miss in January that set the scene for more struggles ahead. The only real silver lining is that the threat of higher inflation has fundamentally changed the game for the Bank of England and helped...
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by Jonathan Cook | Mar 17, 2026
The conflict in the Middle East is still top of the agenda for currency markets as we enter the third week of the war. Oil remained above $100 per barrel for the majority of Monday’s trading with the headlines focused around efforts to resume shipments through the...
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by Charles Purdy | Mar 16, 2026
This week was going to be the one where the Bank of England celebrated defeating inflation and gave mortgagees and businesses an interest rate cut. That may still be the result on Thursday when the BoE’s Monetary Policy Committee (MPC) sits, but the markets don’t...
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by Christopher Nye | Mar 16, 2026
The oil story has moved on again. It’s no longer just about a higher price, but also about whether supply can flow safely, and how quickly governments can calm things down. Over the weekend, the UK discussed practical support to help keep shipping lanes open around...
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by Christopher Nye | Mar 16, 2026
Sterling has been pulled in two directions. On one hand, 0.0% GDP growth in January strengthens the case for lower interest rates. On the other, the jump in oil prices makes it harder for the Bank of England to sound relaxed about inflation when it makes its decision...
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