News that food inflation had eased to 4.5% will be music to the ears of anyone who has examined their grocery receipts in disbelief over the past couple of years. 4.5% is still a very high pace of…
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The Bank of England’s Catherine Mann yesterday cautioned that markets were becoming “too complacent” about the outlook for interest rate cuts this year. Mann, who recently voted to hold rates at 5.25%, said that too many cuts had…
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There’s a lot riding on February’s durable goods orders. Should the number shoot up from last month as expected, it would signal the resilience in the American economy and probably boost the dollar. Should it fall under forecasts,…
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The European Commission has opened investigations into Apple, Alphabet and Meta under a new piece of legislation. The commission said it was looking into multiple potential breaches, including steering users to different app platforms and accepting payments for…
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The tail end of last week was a tough time for anyone with a vested interest in sterling. It was therefore a relief to see the pound have an improved Monday, although it’s unlikely that the latest consensus…
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It was a notably slow start to the week after last week’s frenzied moves. A slow trickle of economic data proved insufficient to really impact major currency pairings, particularly as more significant numbers will arrive later in the…
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The pound weakened at the tail end of last week in the aftermath of the interest rate decision from the Bank of England and – more importantly – the upbeat comments on inflation from the governor Andrew Bailey.…
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There isn’t much US data for us to look at before Easter as the majority arrives on Thursday and Friday. We will, however, be keeping a close eye on Tuesday’s durable goods orders, which are forecast to shoot…
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