Thursday’s Bank of England decision will be closely watched to see just how much the policy outlook has shifted. Governor Andrew Bailey is likely to warn of the implications of oil prices on inflation and the job market,…
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Due to ongoing events, the Federal Reserve might have a rare excuse to play it safe. Experts predict the Fed will announce a hold as it waits for the conflict to play out. At any rate, this could…
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The euro is teetering close to its lowest level since last summer against both the pound and the US dollar. It has been a miserable March so far, with selling amplified by fears that the European economy will…
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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…
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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…
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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…
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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…
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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…
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