Please try another search
The FTSE 100 is still strong today after the rally yesterday, but we have seen a slight pullback from the bullish start to the session. The rest of Europe is relatively quiet and is likely to stay...
The latest data on the UK services sector has come in above forecast, with a PMI reading of 55.6 vs 53.3 expected. The survey of purchasing managers shows a more optimistic outlook going forward and...
After yesterday’s extreme reaction to the Bank of England’s first rate hike in a decade, the markets were comparatively calm this Friday. Sterling was not happy about the way in which Mark...
The Philippines manufacturing economy showed a flurry of activity at the start of the fourth quarter following two months of subdued growth, according to the latest Nikkei-PMI data. Demand...
Global manufacturing enjoyed its strongest improvement in business conditions for six-and-a-half years in October, according to the latest PMI surveys. Less encouraging was a drop in optimism about...
Jobs Report Eyed as Fed Gets New ChairIt’s been a very busy week for financial markets in which the Bank of England has raised rates for the first time in a decade, Donald Trump has elected a...
EuropeThe FTSE 100 was helped by the plunge in the pound on the back of the Bank of England (BoE) update. The UK central bank voted 7 to 2 to hike interest rates by 0.25% to 0.5% - its first rate hike...
Much like Mario Draghi and the ECB last week, Mark Carney and co. made sure to couch a significantly hawkish move in as much dovish sentiment as possible this Thursday. Despite deputy governor Jon...
The likely nomination of Jay Powell to the chief position at the Federal Reserve is expected to be confirmed by Trump later today. This is seen as a continuity choice since Powell has been a member of...
That was clearly not a surprise. Fed hold rates unchanged and has hinted for a December rate hike. The key rate stays at 1% to 1.25% of the FOMC. The likelihood of a rate hike for December has now...
The pound has plummeted following the widely expected rate hike from the BoE with sterling dipping below the 1.31 handle against the US dollar after falling in excess of 1%. The market is clearly...
As expected the Bank of England hiked rates for the first time since 2007 by a majority of 7-2, which was more or less what markets had been expecting, with David Ramsden and Jon Cunliffe voting...
This year marks the 10th anniversary of the start of the global financial crisis, an event that caused doubt and uncertainty within a number of markets and continues to shape the UK housing market...
Markets await momentous BoE decisionThe FTSE 100 is trading little changed whilst the pound has experienced some small scale selling this morning ahead of what could be a momentous day. The Bank of...
It is widely expected (rate markets are pricing in a 90% probability of a hike) the Bank of England (BoE) Monetary Policy Committee will hike policy rates 25bp after 10 years.We are expecting MPC 7-2...