by Jonathan Cook | Oct 27, 2025
Wednesday was one of those odd days where good news for the UK economy meant bad news for the pound. Sterling would recover from its early stumble, but there is no mistaking the change in tone within markets. To many, rate cuts are back on the menu, presenting the...
read more
by Jonathan Cook | Oct 27, 2025
Last week finally delivered a dose of optimism for the UK economy after a long period spent mired in defeatism. Inflationary pressures look to be retreating (both for households and businesses), with Friday bringing positive news from retail, services and particularly...
read more
by Christopher Nye | Oct 24, 2025
The White House’s East Wing may be tumbling, but the US dollar is proving a tougher nut despite the dovish mood music ahead of the interest rate decision on Wednesday next week. A mixed picture has included gains on the pound of 0.8% and half that on the euro, but...
read more
by Christopher Nye | Oct 24, 2025
There was a mix of green and red on the boards for the single currency yesterday, with gains on the pound and US dollar. But there is no escaping a negative picture overall over the past week and month. Business optimism appears to be the bogeyman and we will hear...
read more
by Christopher Nye | Oct 24, 2025
Sterling has come through this period of data relatively unscathed against the euro – possibly only saved by the euro’s own global decline. PMI will be the last of the big data items to come through this month, but then attention will switch to the Bank’s interest...
read more
