by Ryan Morrison | Feb 5, 2026
January’s inflation reading of 1.7% puts the eurozone firmly back on the ECB’s home turf. Core prices fell to their lowest since late 2021. While services inflation remains sticky at 3.2%, the broader trend gives Christine Lagarde room to breathe. Markets...
read more
by Ryan Morrison | Feb 5, 2026
The spotlight falls squarely on Threadneedle Street at midday. Most expect rates to stay at 3.75%, with external MPC members Alan Taylor and Swati Dhingra likely to push for a cut. The accompanying Monetary Policy Report will update the Bank’s inflation...
read more
by Ryan Morrison | Feb 5, 2026
The pound is steady this morning ahead of what promises to be a consequential 48 hours for currency markets. The Bank of England announces its first interest rate decision of the year at noon, followed by the European Central Bank tomorrow. Both are expected to hold...
read more
by Jonathan Cook | Feb 4, 2026
With most people looking ahead to the Bank of England’s (BoE) interest rate decision tomorrow lunchtime, the sterling to euro rate has very quietly advanced to its strongest level so far this year. That may not last for long, so if you’d like to take advantage...
read more
by Jonathan Cook | Feb 4, 2026
A partial government shutdown in the United States led to some key economic data being cancelled this week. This has now been resolved, but we’re still waiting for confirmation of when we’ll get the JOLTs job report and non-farm payrolls data this week....
read more
