PMI shocker from China, Fed hikes rates

By Jeffrey Halley  The extent of the impact of China’s Covid zero-policy on the domestic economy was highlighted Thursday morning as the Caixin Services PMI for April recorded its second-largest fall on

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Corporate earnings to drive sentiment

By Lukman Otunuga, Senior Research Analyst at FXTM Asian shares were up Tuesday morning, drawing strength from the tech-driven Wall Street rally overnight. It seems like solid corporate earnings have soothed concerns

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Sterling whipsaws after BoE decision

By Lukman Otunuga, Senior Research Analyst at FXTM Policymakers voted unanimously to leave interest rates unchanged at the current record low of 0.1% while a majority (7-1) voted to maintain government bond

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Pound falls after BoE decision

By Lukman Otunuga, Senior Research Analyst at FXTM Investors who were expecting more hawks to join the policy discussion were left empty-handed at the Bank of England meeting on Thursday. Policymakers voted

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