Economic Updates

 

Theresa May survives another round in Westminster; BoE in focus next

21st June 2018
Wednesday made for another subdued session for major currency pairs, with limited economic data on the calendar and no ground-breaking announcements emerging from the final day of the ECB-led…

Prospect of trade wars drive dollar higher

20th June 2018
Fresh economic data remains thin on the ground as the week continues, but it’s the prospect of a US-lead global trade war which is dominating the agenda for now.

Economic calendar remains quiet; ECB forum in focus

19th June 2018
With limited economic news on the agenda yesterday, it was perhaps no real surprise that we saw little overall direction for the major currency crosses.

Pound still on the back foot in wake of ECB QE taper timing

18th June 2018
It might be some time before we see a repeat of the packed schedule of economic and political news from last week, but the anticipated volatility for currency markets was delivered - and the…

ECB throws a curve ball, EUR/USD post biggest one day fall since Brexit

15th June 2018
There’s been much speculation that the busy economic and political calendars of the last week would lead to some heightened volatility for major currency crosses.

No surprises from Federal Reserve, all eyes now on the ECB

14th June 2018
The hectic theme of fresh economic and political news continued through yesterday’s session although consequent volatility has - at least for now - remained very much focused on the short term.

UK government notches up win over Brexit but gains for Sterling limited

13th June 2018
UK wage growth may have come in a little short of expectations yesterday, making it a slightly harder call over whether we’ll see a Bank of England rate hike in August, but the bigger concern for…

US and North Korea summit passes without event; markets brace for busy day of data & politics ahead

12th June 2018
We saw Sterling shaken as a result of underwhelming production data yesterday morning, whilst the NIESR GDP reading also came in below expectations, but downside pressure was ultimately limited.…