Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any
Share: The BoE is likely done raising rates – and the combination of weak activity and a softening labour market will weigh on the GBP in the near-term, economists at CIBC Capital Markets report. The BoE is done but will leave the door ajar Having held rates in September, it appears that the
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any
UK GDP News and Analysis UK GDP YoY prints in line with estimates of 0.5% Monthly GDP rose to 0.2% in August, up from -0.6% in July Economic headwinds remain in the UK as growth remains limited The analysis in this article makes use of chart patterns and key support and resistance levels. For more
The strongest to the weakest of the major currencies The NZD is the strongest and the GBP is the weakest as the North American session begins. Today is a semi-holiday in the US with the US bond market closed in observance of Columbus day. The US stock market is open, however. In Canada, they are
Share: Scepticism about whether the BoE will ultimately act restrictively enough is likely to continue to weigh on the Pound in the near term, economists at Commerzbank report. EUR/GBP to appreciate in the coming quarters The market is likely to be dominated by concerns that the BoE is acting too slowly and cautiously
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any
Bank of England Holds Interest Rates Steady at 5.25% The monetary policy committee narrowly decided to hold (5-4) Disinflation expected to continue but growth forecasts for H2 likely to be weaker BoE hints at a potential peak in interest rates as the bank stated it will be “sufficiently restrictive for sufficiently long” to get inflation
GBP prices keenly await the BoE rate decision tomorrow after UK CPI repriced expectations to an almost 50/50 split between hike and pause. لینک منبع : هوشمند نیوز
POUND STERLING TALKING POINTS UK CPI misses but PPI beat could be troublesome down the line. Little change in BoE forecasts for tomorrow, 25bps hike expected. GBP/USD arrives into oversold territory on RSI. Recommended by Warren Venketas Get Your Free GBP Forecast GBP/USD FUNDAMENTAL BACKDROP The UK CPI release missed on both headline and core
