by Christopher Nye | Mar 2, 2023
Sterling fell under pressure against the euro and the US dollar yesterday as investors digested a range of market-moving economic releases. This morning, the pound is still weaker than both the euro and the US dollar compared to this time last week, as well as this...
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by Christopher Nye | Mar 2, 2023
Investors listened closely as BoE governor Andrew Bailey delivered a speech at the Cost of Living Crisis Conference in London yesterday. Bailey touched on a number of inflation-related issues including monitoring the Bank’s current tightening, interest rates and the...
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by Julian Benson | Mar 1, 2023
The last week or so has been rough for the US stock exchange with key stocks like The Dow and S&P 500 reporting daily losses. Yesterday, The Dow lost more than 100 points while Nasdaq and S&P 500 lost 0.1 and 0.2% respectively. Since close of play on Monday,...
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by Julian Benson | Mar 1, 2023
Following better-than-expected inflation data from France and Spain yesterday morning, European equities saw a decline as the data increased investor uncertainty over the pace of interest rate rises from European central banks. Inflation in France expanded to 6.2% in...
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by Julian Benson | Mar 1, 2023
Activity has remained quite steady this week with gains from the pound against the US dollar and euro. UK growth is expected to be lower than the eurozone, which could keep the BofE from tightening much further. Focus this week remains on Governor Bailey’s speech...
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