High St helps Sterling Higher
Unexpectedly strong UK retail sales figures provided the major boost for Sterling last
week prompting thoughts that interest rate cuts in the UK will not be as ... Read More >
Economic updates
Darling’s between a Rock and a Hard Place
Last week is almost a distant memory after a weekend which saw a British company
nationalised for the first time since the days of British Leyland and British A... Read More >
You cannot give them too much credit
Mervyn King, fresh from the announcement that he will leading the MPC for another 5
years, decided to cut rates last week by 0.25% to 5.25%; a move widely exp... Read More >
The UK and European interest rate announcements
The Bank of England (BoE) MPC meets this week to decide on monetary policy and
they face a tough decision. On the one hand, it is clear that growth in the UK is... Read More >
The Fed moves early to try and inject some confidence in the markets
Fears over the US economy caused huge losses in the stock markets early last week.
This prompted a swift move from the Federal Reserve Bank, who slashed their ... Read More >
Fears of a US recession hammer stock markets and high yield currencies
All the action surrounded the equity markets last week. Shares saw significant losses
across the board, with the FTSE falling almost 6% in today’s trading alone... Read More >
Pound under pressure
UK PPI data was slightly mixed with input prices coming in below expectation but the core output above at 0.4% vs. 0.2% expected.Today’s focus will be on the co... Read More >
A negative outlook for the economy and a bearish start to 2008
The year ahead looks bleak for the UK. Statistics and speculation have pointed to
significant slowing of growth in 2008. A number of factors will combine to pu... Read More >
Rising inflation offers USD support but the market must tread carefully
The dollar rallied last week after the release of higher than expected inflation figures.
US CPI and PPI both came in above expectation and this meant some trad... Read More >
A bleak outlook for the economy pushes the Bank of England to cut rates
At the beginning of last week a survey of 56 economists revealed 15 thought the
Monetary Policy Committee (MPC) would cut rates. In fact the city was pricing in... Read More >