by Jonathan Cook | Dec 24, 2025
The American economy grew by an annualised rate of 4.3% in the third quarter of 2025, smashing forecasts of just over 3%. Consumer spending, exports and government spending all played their part in the biggest quarter-on-quarter expansion in two years. Even with muted...
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by Jonathan Cook | Dec 23, 2025
Residual momentum from last Thursday’s interest rate cut helped sterling start the shortened week well. With a threadbare Christmas schedule of economic news, the pound strengthened by almost half a cent against both the euro and the US dollar. The geopolitical...
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by Jonathan Cook | Dec 23, 2025
An unexpectedly tight vote on Threadneedle Street wasn’t the outcome many economists had predicted. Regardless, the pound has benefitted from renewed questions over the outlook for next year and looks set to end 2025 on a high. GBP/USD: the past year 1...
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by Jonathan Cook | Dec 23, 2025
The European Central Bank’s (ECB) Isabel Schnabel said that she expected interest rates to stay in a stable range in the near future. The euro traded in a narrow range against its main rivals on Monday as it stabilised following the last ECB meeting of the year....
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by Jonathan Cook | Dec 23, 2025
There is a growing sense that the Federal Reserve might move faster in cutting rates next year than expected. At present, the chances of a rate cut in January seem slim. But that hasn’t stopped the US dollar’s slide as markets price in a more dovish position for the...
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