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EUR: Germany senses turning point

After last month’s upturn in consumer sentiment, economists predict German consumers to be full of the joys of spring in February. Later this morning, the ZEW economic sentiment index is expected to reach its highest since the summer of 2021 as trade and government...


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GBP: Pricing in a March cut

65% of economists polled by Reuters expect the Bank of England to announce a quarter-point cut to interest rates at its next meeting. The big caveat to that is tomorrow’s inflation report, a study that looks likely to set the tone for the pound in the month ahead....


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Economics poses risk for sterling

Economics poses risk for sterling

The febrile atmosphere at Westminster calmed, somewhat, last week, leaving the pound treading water against the US dollar and euro. It looks like a currency waiting for a reason to pick a direction, and that may come soon. This is the week when economics comes back to...


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USD: Markets closed for Presidents’ Day

America is having one of those public holidays that crop up at strange times, this time for George Washington’s birthday. The big event this week is the release of the minutes of the US Federal Reserve’s monetary policy committee meeting on Wednesday, with the FOMC...


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