The dovish side of hawkish | Weekly Brief 01/04/22
The dovish side of hawkish | Weekly Brief 01/04/22

It has been another tough week for all things UK. With both the government and the BoE saying that they intend to stick to their guns, this has resulted in some choppy...

The dovish side of hawkish | Weekly Brief 01/04/22
The dovish side of hawkish | Weekly Brief 01/04/22

This time last week, the BoE had just raised UK rates by 50bps, and had delivered perhaps the most pessimistic outlook from any central bank since those early days of COVID. The UK is set to...

PMIs wobble | Weekly Brief 07/08/20
PMIs wobble | Weekly Brief 07/08/20

Although sterling was well beaten by the Norwegian krone, it was competitive among the chasing group...

Always bet on the lettuce | Weekly Brief 01/04/22
Always bet on the lettuce | Weekly Brief 01/04/22

GBP/USD reached an impressive three-month high at over 1.2150 this week, which seems incredulous really given the persistent negativity that seems to surround all things to do with the UK economy...

Recession fears trouble markets
Recession fears trouble markets

The recent trend of gradually improving UK sentiment, aided by stronger than expected economic output continued through this week. The latest PMI report saw both the Composite and Services components move strongly back...

Daily Brief
Daily Brief

The likely outcome from the latest FOMC meeting later today has split the market right down the middle...

Daily Brief
Daily Brief

The Fed’s preferred measure of inflation, the personal consumption expenditures price index (PCE), may finally show…

Recession fears trouble markets
Recession fears trouble markets

With both the Fed and ECB raising rates by another 25bps, markets believe that the BoE will replicate next week, raising UK rates to 4.5% in the process. That would be the twelfth straight meeting in which the BoE have raised rates. Much the same as with this week’s...

Daily Brief
Daily Brief

The RBA hiked Australian interest rates by 50bps to 1.35%, in a widely expected move earlier this morning. A Reuters poll off…

Daily Brief
Daily Brief

There was a very typical start to the trading week, with Asia waking up with a headache, and setting about correcting…