by Jonathan Cook | Mar 27, 2024
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 been priced in, an apparent split from...
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by Jonathan Cook | Mar 26, 2024
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, expect pressure on the dollar as...
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by Jonathan Cook | Mar 26, 2024
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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by Jonathan Cook | Mar 26, 2024
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 on interest rates will help it anytime soon. GBP/USD: the...
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by Jonathan Cook | Mar 26, 2024
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 week. A “wait and see” attitude...
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