• Sterling confused ahead of the BoE’s August policy meeting

    The British pound remained on the defensive, anticipating positive rhetoric from Mark Carney at a propensity for savings meeting of the Bank of England on August 3rd. Fears of unrestrained growth in inflation due to the pound’s devaluation were refuted, after data on June’s consumer prices showed the first slowdown in a few months. Inflation […]

  • How much has inflation hit the UK household spending?

    The Pound is declining as the probability of a rate hike is decreasing, after a weaker than expected rise in inflation. The key indicator has decreased to 2.6% with a forecast of 2.9%.

  • The FED announces the start of QE cuts

    FED acts in line with expectations the forecast horizon they set is basically at arm’s length. In a statement released after the two-day meeting, the regulator said that the economy is expanding at a moderate pace, the labour market continues to strengthen, and the recent inflation weakening was temporary.

  • Will the living quality in the UK decline?

    The Pound recovered after the strongest drop in several months, despite a report pointing towards the accelerating consumer inflation. Bank of England has already warned people that the living standard will decline

  • The Pound is affected by the political risks

    GDP data is showing that the British economy is currently far from positive, but surprisingly the Pound remains fairly stable ahead of parliamentary elections. The FED’s meeting showed a growth slowdown in the first quarter, but it does not make the market cautious.

  • Oil could restore the economic growth of the euro zone

    The Euro is on the way to the top, as the positive market data in Europe is fuelling it. But, the fuel of the Oil market is undecided, as OPEC has yet to finalise the decision for an extension.

  • Bank of England Keeps Rates on Hold

    The BoE’s Monetary Policy Committee voted unanimously to keep the central bank’s record low interest rates on hold and the rate of bond purchases at their current levels.

  • NZD/USD fell to the lowest level of the year

    The RBNZ leaves the rate unchanged, as in Australia, finding a balance in the interest rates is a big headache for the RBA, as the real estate market boom spurs prices growth.

  • Is Macron’s victory a new era of ascent for the Euro?

    The elimination of the political risks and favourable outcomes for the financial markets will likely allow the European assets, including the Euro, to go on the offensive. Growth in the UK retail sales slowed to 0.5% in April, as the latest data in the Chinese economy showed that the country’s trade balance surplus increased.

  • Austrailian Dollar is reching a five-month peak

    The EUR and GBP are on a rally, as the Dollar is still in a slump. AUD/USD is rushing to new heights and will likely grow even more, as soon as unemployment is under control.

  • Is Europe caught in the wind of change?

    The Dollar loses poise on the FED consensus, as bullish tone remains in play. This makes Pound spike up, but how long will it last in the light of Brexit?

  • An unexpected drop in the UK employment

    The Dollar slides ahead of the FED, employment in the UK drops the first time in a year.

  • The RBA and BoJ stand pat

    The Japanese currency saw a muted response to the BOJ decision as the Australian Dollar surged on the RBA decision to hold off a rate change.

  • Pound rebounds on Carney while equities drop

    The British currency erased declines quickly as the governor squashed the hopes of those expecting a further stimulus. At the same time, the Oil prices tumbled and AUD rose immensely.

  • BoE keeps rates unchanged and sparks concerns

    The borrowing costs remained at their historically low level at 0.25%