Interest Rates, Sovereign Debt, and Event Risk
June 6, 2011 1:12 pm by Russell GlaserThis week’s trading is highlighted by a mix of potential monetary policy moves and sovereign debt risks.
Sterling and Spot Silver Make Gains
May 25, 2011 1:16 pm by Russell GlaserA drop off in risk overnight fueled by rumors of a crack election in Greece faded as the day went on but the euro continues to trade lower. Sterling was bid this morning as was spot silver with markets awaiting ...
German GDP Supports Euro while Sterling Struggles
May 13, 2011 1:12 pm by Russell GlaserOn the back of stronger than expected German GDP data the euro found support as did commodities and European Equities prior to the US CPI release.
Sterling Rises on Hawkish Comments
April 15, 2011 12:17 pm by Russell GlaserThe pound was bid this morning versus the euro and the dollar following hawkish comments from Bank of England Monetary Policy Committee member Andrew Sentance.
British Housing and Inflation Data Driving Today’s Market
March 1, 2011 6:00 am by Greg HoldenThe theme in the past week continued to be a weaker dollar. Not all currencies enjoyed this equally – the Aussie and the euro are the big winners, while the British pound and the Canadian dollar are enjoying modest gains. ...
The BOE’s Dilemma; Tackling High Inflation or Lack of Growth
October 12, 2010 2:31 pm by Natalie R.U.K. inflation exceeded the government’s 3% limit for a seventh month in September according to a CPI report released today. The rate is well above the 2% goal set by the Bank of England, adding to the debate over the ...
What can be Expected Next from the ECB and BOE?
October 6, 2010 4:37 pm by Natalie R.Can we expect further surprises from leading Central Banks after the surprise announcement by the BOJ yesterday? Quite likely. Tomorrow the European Central Bank and the Bank of England are expected to deliver their rate statements, and while a change ...
BOE Halts Bond Purchase Plan, Causing Pound To Drop
February 4, 2010 11:47 pm by Dan EduardThe British Pound fell broadly against its major currency pairs today, following the Bank of England's (BOE) decision to pause its 200 billion-Pound bond purchase plan. The decision to put a halt to the plan, the first time such ...
Surprising British CPI Figure Gives Boost to Pound
January 19, 2010 11:56 pm by Dan EduardFollowing a much higher than predicted result from the British Consumer Price Index (CPI) report, Bank of England (BOE) Governor Mervyn King attempted to calm down investors in a speech earlier tonight. The CPI figures for December indicated a sharp ...
