Forex News

Summary:Bank of England expected to hold Bank Rate at 3.75%Middle East conflict-driven energy shock complicates outlookInflation risks rising again, potentially above 3%Markets shift from rate cuts to pricing...

Preview – Bank of England to hold rates as Middle East conflict lifts inflation risksThe Bank of Japan held its short-term policy rate at 0.75%, as widely expectedTrump...

We got the BOC and Fed yesterday, with the latter being the more heavily watched one of the two. The balance of the scales at the Fed leaned...

The FT reports on the matter, noting that US president Trump has given his word that the US would insure commercial vessels seeking passage through the Strait of...

There is arguably just one to take note of on the day, as highlighted in bold below.That being for EUR/USD at the 1.1500 level. It’s not one that...

The pace of inflation rise is expected to see upward pressure from higher oil pricesGlobal markets are volatile with oil prices jumping significantlyRisk factors now include Middle East...

Will continue to communicate closely with the governmentNeed to pay attention to possibility that higher oil prices could affect inflation more than in 2021-22Cannot say how long it...

Prior 5.2%Employment change 84k vs -4k expectedPrior 52kAverage weekly earnings +3.9% vs +3.9% 3m/y expectedPrior +4.2%Average weekly earnings (ex bonus) +3.8% vs +4.0% 3m/y expectedPrior +4.2%; revised to...

Preliminary data shows wage momentum at small, medium-sized firms could be better than past yearsWill still turn to Rengo’s first round surveyThere is no gap in understanding on...

Before the Middle East conflict, underlying data showed that we are “on track”All things being equal, surging oil prices can push up inflation and curb economic outputA rate...