The euro-sterling currency pair fell sharply to near 0.8460 in early North American trading on Tuesday, the lowest level seen in a month. EURGBP slumps as the Pound Sterling outperforms its peers
The Bank of England’s Monetary Policy Committee (MPC) decided on Thursday to keep interest rates at 5.25%, unchanged for the fourth consecutive time, with a leading asset manager saying this showed the
By Craig Erlam The Bank of England left interest rates unchanged on Thursday at 5.25%, as expected, with the vote widening slightly but remaining very close. The fact that the vote remains
By Craig Erlam The Bank of England accelerated its tightening efforts after meeting this week, hiking rates by 0.5% in response to another raft of worrying inflation data. And it’s not just
By Craig Erlam It’s been a tough trading day, with UK inflation data sending worrying signals, while the RBNZ seemed to declare ‘job done’ in its inflation battle. The headline UK inflation
Investors will look beyond Thursday’s UK interest rate hike of 25 basis points and begin to top-up their portfolios with sectors that are able to maintain margin, according to the CEO of
By Lukman Otunuga, Senior Research Analyst at FXTM Asian markets rose on Tuesday after Wall Street staged a rebound overnight as the historic takeover of Credit Suisse Group AG soothed concerns over
By Han Tan, Chief Market Analyst at Exinity Group Asian stocks are following Wall Street’s positive lead, while European equity futures are inching higher Wednesday even as their US counterparts remain mixed.
