HFM’s Outlook 2023: UK and the Pound
UK and the Pound – 2023 Outlook This year is expected to be exceptionally challenging for the UK and its economy, with the recovery from the pandemic being overshadowed by…
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🔴LIVE: MANUFACTURING PMI DATA 9:45PM | BOE RATE +JOBLESS CLAIMS | LIVE FUTURES TRADING
Watch the full jobless claims data release live on this stream at 8:30am est. Be sure to like & subscribe for more free trading content! We also have the BoE…
Read More »BoE Announcement – November 3 2022 – A Dovish Hike
GBPUSD, H1 BoE hiked key rate by 75 bp to 3.00% – as expected¹. At the same time the BoE said the peak interest rate is “likely to be lower”…
Read More »Market Update – October 19 – Inflation hasn’t disappeared
USDIndex steady below 20-DMA at 112.20. Yields are rising and the rally in stocks is petering out, although ASX and Nikkei still managed to post modest gains and futures are…
Read More »Microsoft: A technical rebound before a fall?
Following the results of the annual US CPI which reached 8.2%, we are seeing a rebound in all markets except bonds and the USDIndex (see below). The return of risk…
Read More »Market Update – October 13 – FOMC Minutes Remain Hawkish – CPI Today
USDIndex – Held 113.00 yesterday and again tested 113.44. Yields cooled from recent highs. (US 10yr at 3.902%). US PPI was hotter than expected (0.4% vs 0.2% & -0.1% prior)….
Read More »Live Analysis | 28th September 2022
Haven demand is helping boost Treasuries amid worries over a financial crisis in the UK, exacerbated by the BoE’s decision to purchase longer dated Gilts. The further dive in equities…
Read More »British Pound (GBP) Forecast: Sterling Rally Provides Short Term Relief, Bigger Picture Remains Grim
Sterling remains under pressure as the recent rally may prove short-lived. The BOE meeting has been postponed to September 22.
Read More »Events to Look Out for Next Week
The central banks are now pretty much in holiday mode, except the RBNZ and FOMC. Yet, the data next week from the UK, Canada and US could clarify whether central…
Read More »Events to Look Out for Next Week
A very fickle week is now over, with a pretty gloomy political and economical outlook. Recession angst had diverse, but unsurprising, market impacts. Worries over a meaningful downturn in growth…
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