European Central Bank president, Christine Lagarde spoke to RTÉ Prime Time on Tuesday about rate cut expectations. “No predicament, no prescription, no commitment (…) if the data that we receive reinforces the confidence level that we have -…
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Tomorrow afternoon, US investors will receive the latest figures for US durable goods orders. Market forecasts expect a decline of 0.5% in April, from an increase of 2.6% in March, which marked the largest monthly advance since last…
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The cameras were lined up outside number 10 Downing Street yesterday as prime minister, Rishi Sunak confirmed suspicions that a general election will take place on July 4th, saying he had requested the dissolution of Parliament from the…
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This morning, the pound shot up by nearly half a cent against the euro and the US dollar. To take advantage of this gain, which took GBP/EUR close to its highest rate for nearly two years, call your…
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Markets looked ahead to the publication of FOMC minutes tonight, which helped to limit any US dollar fightback. The question could be whether policymakers make similarly positive comments in the minutes as they have been at their string…
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The euro beat back a sterling advance yesterday while continuing to trade in a tight range against the US dollar. For the moment, the euro is waiting for impetus, be that positive or negative.
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UK food inflation has now fallen to its lowest since 2021. That’s good news for shoppers, who have been forced to adopt cost-saving measures since then, such as subscribing to supermarket club schemes and purchasing more own-brand products.…
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UK headline inflation fell to 2.3% in April, a steep drop from last month’s 3.2% but on the higher end of the predicted range. The fall was driven by a significant reduction in the energy regulator Ofgem’s price…
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