by Christopher Nye | Mar 21, 2023
The Office for National Statistics has just reported that latest figures for public sector net borrowing in the UK posted a £15.86bn deficit in February, compared to a £6.2bn gap in the previous year. A flurry of UK economic releases are scheduled to hit markets...
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by Christopher Nye | Mar 20, 2023
On Wednesday, the US Federal Reserve will decide on its latest interest rate and release its latest economic projections. Similar to the BoE, markets are expecting a 25bp rate hike from the Fed. If the rate increases in line with market expectations this could please...
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by Christopher Nye | Mar 20, 2023
European Central Bank President, Lagarde, will speak on Tuesday at the Bank of International Settlement Innovation Summit. Lagarde is scheduled to participate in a panel discussion titled “CBDCs: Keeping momentum in uncertain times”. Investors will be listening out...
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by Christopher Nye | Mar 20, 2023
In its February meeting, the Bank of England‘s monetary policy committee voted by a majority of 7-2 to hike interest rates by 50bps to 4%. This pushed the UK’s borrowing costs to their highest in over a decade. Economists predict that on Thursday, the Bank will decide...
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by Christopher Nye | Mar 20, 2023
The pound enters the week stronger against the euro and US dollar compared to this time last Monday, with gains of approximately 1.35% and 0.77% respectively. According to 10th World Happiness Report, the Covid 19 pandemic has not affected humankind’s happiness....
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