by Jonathan Cook | Feb 4, 2026
Some crucial inflation data should help guide the European Central Bank’s decision on Thursday. If those numbers are anything like those that came out of France yesterday, where headline inflation fell to its lowest since 2020, it seems unlikely rates will be changed....
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by Jonathan Cook | Feb 4, 2026
There was little action in sterling markets yesterday as traders adopted a wait and see posture ahead of tomorrow’s rate decision. Policymakers seem unlikely to cut, but the real movement will come should the outlook for the year ahead have shifted. GBP/USD: the past...
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by Jonathan Cook | Feb 4, 2026
The pound recorded a positive day against the euro and the US dollar as recent jitters in global financial markets eased across Tuesday. A rebound for gold and silver after a dramatic sell-off helped steady broader markets, where strong results from the AI sector also...
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by Jonathan Cook | Feb 3, 2026
Kevin Warsh is heir apparent to current Federal Reserve chair Jerome Powell when his term ends in May. The prospect of a more hawkish chair than markets feared was enough to send investors charging away from an over-valued commodities market and stabilising the US...
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by Jonathan Cook | Feb 3, 2026
Hamburg Commercial Bank (HCOB) joined organisations in the UK and the USA in upgrading its initial estimate of German manufacturing output last month. Still, the euro struggled against the US dollar and weakened by about a third of a cent of a cent against the pound...
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