GBP

GBP Slips as BoE Delays Hike and Lowers Forecasts

GBP Slips as BoE Delays Hike and Lowers Forecasts

The Bank of England monetary policy announcement and press conference went broadly as expected today, with the central bank holding off on raising rates while maintaining that they will rise gradually over the forecast period.

The Week Ahead: Dollar Stumbles on Soft Inflation and Retail Sales Drop

The Week Ahead: Dollar Stumbles on Soft Inflation and Retail Sales Drop

The US dollar is lower across the board after the release of the US retail sales and consumer price index data on Friday showed that retail sales in the United States fell for the second month in a row.

Super Thursday: Politics and Monetary Policy Take Center Stage

Super Thursday: Politics and Monetary Policy Take Center Stage

Pick your poison. Today is a pivotal day for capital markets with three major events: 1. ECB monetary decision, 2. UK Parliamentary elections and 3. Comey’s U.S senate testimony.

The Week Ahead: US Political Risk and Data to Guide Markets

The Week Ahead: US Political Risk and Data to Guide Markets

The US dollar is regaining momentum after the Commerce department upgraded its first quarter GDP estimate from 0.7 percent to 1.2 percent.

The Week Ahead: Soft US growth to pressure Fed ahead of Jobs report

The Week Ahead: Soft US growth to pressure Fed ahead of Jobs report

The U.S. non farm payrolls (NFP) will be released on Friday, May 5 at 8:30 am EDT. The U.S. Federal Reserve will look at the wage growth component for signs of inflation as they ponder the number of rate hikes this year.

Five Things The Markets Are Talking About: Monday, March 20

Five Things The Markets Are Talking About: Monday, March 20

Market volatility remains low across markets as dealers and investors attempt to evaluate how sustainable the hopeful global economic recovery is.

The Trump effect: Can businesses hedge against the US-UK “special relationship”?

The Trump effect: Can businesses hedge against the US-UK “special relationship”?

As Trump gets a taste for bilateral trade with the U.K., we explore how corporates can gain from spikes in sterling against the dollar, while minimizing inevitable falls as Brexit negotiations bite.

Five Things The Markets Are Talking About: Monday January 9, 2017

Five Things The Markets Are Talking About: Monday January 9, 2017

Last Friday’s U.S. December employment increased less than expected (+156k vs. +176k), but the markets interpretation in a rebound in wages (+0.4% m/m) suggests a sustained labor market momentum that sets up the domestic economy for stronger growth and further interest rate increases from the Fed in 2017.

Five Things The Markets Are Talking About: Thursday December 15th, 2016

Five Things The Markets Are Talking About: Thursday December 15th, 2016

The Fed did not surprise, they did what was expected of them on the headline, but it’s their foresight that has capital markets wildly gyrating.

The big takeaway from yesterday’s FOMC meeting is the increase in the pace of tightening that’s been signaled for next year. Policy members voted unanimously to raise its target for the fed funds rate up +0.25% to +0.5%- 0.75%.

Pound Slide Resumes on ‘Hard Brexit’ Jitters

Pound Slide Resumes on ‘Hard Brexit’ Jitters

GBP/USD has resumed its downward slide on Thursday, following an uneventful Wednesday session. The pair has dropped over 100 points and is trading at 1.2640 in the North American session.

Market Events to Watch This Week: August 8, 2016

Market Events to Watch This Week: August 8, 2016

The U.S. non farm payrolls (NFP) report hit all the right notes with job gains, wage growth and small upticks in the participation rate leaving the unemployment rate steady at 4.9 percent but the biggest contribution was easing market fears about the slowdown of the American economy after a soft advanced gross domestic product (GDP).

Five Things The Markets Are Talking About: Thursday June 2, 2016

Five Things The Markets Are Talking About: Thursday June 2, 2016

The risk is that for all the speculation about what may come, the reality could be the end result may be little changed.