Currency News

UK CPI: Navigating the Bank of England’s Balancing Act The upcoming UK CPI release will be pivotal as markets assess the Bank of England’s delicate balancing act between managing inflation and supporting economic growth. Expectations are for headline inflation to tick back up to 2.2% year-on-year, driven by Ofgem’s 9.5% utility price cap increase and … Read more

Canadian CPI: A Test of the Bank of Canada’s Easing Trajectory Tuesday’s inflation data for Canada could significantly shape the near-term policy outlook for the Bank of Canada (BoC) and the broader trajectory of the Canadian dollar (CAD). With the BoC cutting rates by 50 basis points in October and shifting its focus firmly toward … Read more

UK GDP: Disappointing and Services Inflation Next Week Remains Key After a post-election lull, the Bank of England’s recent 25 bps rate cut to 4.75% underscores its “gradual approach” to easing, aiming to balance persistent inflation with slowing growth. The cut, decided with an 8-1 vote on November 7, reflects the BoE’s cautious but forward-looking … Read more

UK Economy: Testing the Bank of England’s Moderately Hawkish Stance Following last week’s quiet post-election and Fed decision period, attention shifts to the UK, where economic data releases could bring critical implications for the Bank of England’s policy path. The BoE’s recent 25 bps rate cut to 4.75% on November 7 came with an 8-1 … Read more

US CPI Report: A Critical Test for Fed’s Path Amid New Inflation Risks As we approach Wednesday’s CPI release, the stakes are high for the Federal Reserve, with the data expected to provide key insights on the path back to the 2% inflation target. October’s CPI is anticipated to rise by +0.2% m/m, with core … Read more

US CPI Report: Treading Carefully In Case of New Inflationary Pressures Wednesday’s CPI release is set to provide another critical data point for the Fed as it weighs up the path back to its 2% inflation target. The consensus expects October’s headline CPI to rise by +0.2% month-on-month, matching September’s increase, with core CPI projected … Read more

UK Labor Market Data and BoE Outlook: Balancing Inflation Risks with Economic Growth The upcoming UK labor market data is expected to show a slight rise in unemployment and a modest increase in wage growth, with economists predicting a slowdown in pay momentum. Following the Bank of England’s recent decision to cut rates by 25 … Read more

Bank of England: A Moderately Hawkish Cut Amid Persistent Inflation Concerns On November 7, the Bank of England cut the Bank Rate by 25 basis points to 4.75%, marking a cautious step towards easing monetary policy. The 8-1 vote reflected some division within the committee, with a slight surprise as only Mann dissented in favor … Read more

The Fed’s Interest Rate Decision Amidst Political Change: What’s at Stake? As the Federal Reserve gears up for its interest rate decision on Thursday, November 7, markets are widely anticipating a 25bps cut, which would bring the target range for the Federal Funds Rate to 4.50-4.75%. This move aligns with current money market pricing, reflecting … Read more

The Trump Trades: Market Implications of a Republican Win A Republican victory, virtually certain now,  in the US election could bring significant market shifts, as investors weigh potential changes in fiscal policy, trade, and regulation. Here’s a breakdown of how various assets might respond to a Republican-led administration: USD: Potential for Strengthening The U.S. dollar … Read more