Most of labour market indicators show stability in market We should be careful taking payroll job number drop as an indicator of job market (unemployment …
The USDCHF moved higher yesterday, marking its sixth consecutive daily gain, though the advance was modest—only about a pip or two—closing at 0.8102. The high …
The USD is lower vs the 3 major currencies – the EUR, JPY and GBP. For the EURUSD, it moved back above 1.14919 the 50% …
Headlines: BOE leaves bank rate unchanged at 4.00% in November monetary policy meeting BOE governor Bailey: We are likely to continue gradual downward path on …
Our decision will be conditional on fiscal policy as well Not in a position to speculate on the budget for the time being We won’t …
We need to see downward path of inflation become more established before cutting again Today’s decision is based on two key judgements The first being …
Fundamental Overview The USD has been stronger across the board since the hawkish turn from Fed Chair Powell at the last FOMC press conference. The …
Prior 4.00% Bank rate vote 5-4 vs 6-3 expected (Breeden, Ramsden, Dhingra, Taylor voted for 25 bps rate cut) Prior 7-2 CPI inflation is judged …
