by Christopher Nye | Oct 17, 2025
The gains for sterling were against the various dollars yesterday – with surges against the Australian, Canadian and US dollars. It’s a quiet end to the week for data but the big event of next week is inflation on Wednesday. No respite from the current high levels of...
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by Charles Purdy | Oct 17, 2025
There’s been no mistaking the recent direction of travel for the pound against the euro. Having lost close to 4% since the start of summer, the past two weeks have seen GBP/EUR trying and failing to gain lift off. Yesterday was another such day, with a sharp rise and...
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by Jonathan Cook | Oct 16, 2025
The US and China traded barbs over several economically significant foodstuffs yesterday. China responded to rising trade tensions with a threat to cease buying American soybeans. President Trump countered that by suggesting his nation might stop buying Chinese...
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by Jonathan Cook | Oct 16, 2025
A minor industrial output survey was the highlight of a quiet day for the euro, which saw early gains against the pound slip away into a third-cent loss. In that survey, manufacturing output fell by 1.2% in August, better than the predicted 2.2% decline but a sharp...
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by Jonathan Cook | Oct 16, 2025
The IMF expects the UK to face the highest rate of inflation of all G7 nations in both 2025 and 2026. Combined with the recent warning that inflation could become entrenched, next week’s inflation report – where the headline rate is predicted to reach 4% – looks...
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