US jobs data rounds off a busy week
Overnight Headlines *US stocks extended their streaks of record high closes to six sessions *USD made three-week highs on a cautious BoE *US 10-year Treasury yields dopped to their lowest…
Read More »Events to Look Out for Next Week
After a volatile week, with the solid US jobs report having limited impact on the ongoing move lower in yields rates, markets are expected to eyeing inflation and continue pricing…
Read More »Fed’s dovish taper, BoE’s dovish hike?
Overnight Headlines *US stocks closed at all-time highs…again *USD moved lower initially but is back above 94 *No surprises from patient Fed who trimmed bond buying by $15bn per month…
Read More »Markets Week Ahead: Dow Jones, US Dollar, Gold, British Pound, Fed Taper, NFPs, BoE Hike?
The Dow Jones, S&P 500 and Nasdaq 100 hit records highs despite Fed QE tapering being just around the corner. Is volatility about to rise? The British Pound is eyeing…
Read More »Bank of England Saunders says market pricing an earlier rate rise is appropriate
BoE Monetary Policy Committee (MPC) member Michael Saunders in an interview. With the UK Telegraph (, may be gated). link Comments on the potential for rate rises from the Bank,…
Read More »British Pound Q4 Forecast: Preparing the Ground for Interest Rate Hikes
The fourth quarter of 2021 will likely see the Bank of England start talking about interest rate hikes as early as the beginning of next year, boosting the attraction of…
Read More »Sterling remains pressured even as GDP bounces
GBPUSD, H1 UK GDP revised sharply higher in the final reading. The quarterly growth rate was boosted to 5.5% from 4.8% previously, which left the annual rate at 23.6% y/y….
Read More »Bank of England responds to rising inflation
Central bank rundown part two There was no change to interest rates and the split was 7-2 in favour of not altering the current target of £875 billion in bond…
Read More »Risk on pauses after volatile week
Overnight Headlines *USD fell back with its biggest daily percentage drop in month *US stocks climbed for a second day as Evergrande watched *The Vix fell below 20 on improved…
Read More »Hawkish tilt continues at the BOE
GBPUSD, H1 The BOE unanimously voted to keep the bank rate steady at 0.100%. At the same time the MPC agreed to maintain the current bond buying target with a…
Read More »