Fiscal Signals Shake GBP Before US Data Takes Centre Stage
Friday started off with downward pressure for GBP after Rachel Reeve said that for the autumn budget the government might avoid increasing income tax. With a potential policy shift so […]
UK Growth Slows as Markets Await Bank of England Rate Decision
Poor economic performance in The UK continues to gather momentum over the past three months as the economy grew by a meagre 0.1%. More importantly, the three months from July […]
Sterling Slips as UK Job Market Weakens and Wage Growth Cools
Tuesday set off with unemployment rate and average earnings for the UK. Noticing a lift for the unemployment rate up to 5%, its highest level in 2025. Expectations were that […]
Markets Catch Their Breath After Volatile Weeks Ahead of Key UK Data
After a hectic few weeks of central bank decisions, inflation data, and political noise, this week finally looks set to offer a brief pause for breath. The docket is notably […]
Sterling Under Pressure as BoE Holds and Reeves Signals Fiscal Tightening
It’s been another turbulent week for the Pound, as both monetary and fiscal headlines out of the UK triggered sharp market reactions. Between the Bank of England’s closely contested rate […]
Sterling Under Pressure Ahead of Bank of England Decision
Sterling remained under pressure this morning as investors positioned themselves ahead of the Bank of England’s policy announcement. Markets are currently pricing in a one-in-three chance of an interest rate […]
Pound Weakens as UK Tax Hike Shocks Markets
The Pound’s fall has continued from yesterday after Chancellor Rachel Reeves surprised investors with an unplanned tax announcement. She confirmed that the government will raise income taxes, breaking one of […]
Sterling Slides as Reeves Announces Surprise Income Tax Rise
Sterling fell to its corresponding G10 pairs after Rachel Reeves held an unscheduled announcement confirming that she will raise income taxes, this was one of the main manifesto pledges that […]
Sterling Struggles as Markets Await UK Budget Clarity
Last week delivered another tough run for Sterling, with the Pound sliding against most major currencies. The weakness has less to do with a dramatic shift in economic fundamentals and […]
UK Inflation Dip Fuels Pound Weakness and Rate Cut Expectations
UK Inflation came in a little lower than expected, which has pushed the Pound down against other major currencies. Prices rose 3.8% over the past year, slightly below the 4% […]