The Bank of England’s recent decision to cut interest rates has stirred significant attention among investors and traders. Lower interest rates often translate to cheaper borrowing costs, affecting mortgages and
The week of 4th-8th November 2024- 4 Big interest rate decisions- And an election!
This week we await interest rate decisions from Australia, Brazil, the UK and US, the RBNZ delivers a Financial Stability Report and the Bank of England and Bank of Japan
The week of 28th October-1st November 2024- A blockbuster week for US data!
If you are following US data then this week has it all; 4 employment numbers, GDP, inflation metrics, Consumer Confidence, the ISM Manufacturing Index, 5 mega-stock earnings releases; the only
The week of 14th-18th October 2024- A big week for inflation metrics!
The only “non-surprise” for me last week is the persistence of US inflation! September’s figures for Core and Headline CPI both ticked higher to 3.3% and 2.4% y.o.y respectively.
TSB fined £11m for putting customers ‘at risk of harm’
The UK’s financial regulator has fined TSB Bank £10.9m for failing to fairly treat customers in financial difficulty over six years.
The week of 7th-11th October 2024- US inflation data the pick of the week!
I’m often surprised as to the credence given to the US Non-Farm Payrolls data release. It was only in August that the annual Payrolls figure was revised downwards by 818,000
The week of 30th September-4th October 2024- Beware October’s Autumnal Winds
October’s Autumnal winds can be scary as any one old enough to remember the violent UK hurricanes in 1987 will attest. This analogy holds true in the financial markets; think
The week of 23rd-27th September 2024- USDJPY strengthens in Carry Trade rally
Last week the USDJPY strengthened in a Carry Trade rally despite the Fed cutting US interest rates by 50bp, an uptick in Japanese inflation and the Bank of Japan keeping
The week of 16th-20th September 2024- The Fed will cut US interest rates this week!
The Fed will cut US interest rates this week! The Bank of England may cut interest rates too! And the Bank of Japan will probably stay on hold!
The week of 2nd-6th September 2024- A Bumper week of data for G7
The first week of any month is always one of activity as there are several economic data releases that can move markets. Today is Labor Day in the US- happy
Households with mortgages face the largest impact from inflation.
Over the past year, families with mortgages in Britain have experienced the most significant increase in living costs compared to other households due to sustained high interest rates.
The week of 26th-30th August 2024 – Last week, Euro Area CPI data remained flat
Last week, Euro Area CPI data remained flat at 2.9% y.o.y for July, Canadian inflation fell, US Non- Payrolls posted a staggering fall of -818,000 in its annual revision of