EUR/GBP - Euro to Pound

U.S. Economic Data Strong Retail Sales figures were stronger than anticipated in the States on Tuesday, and the Empire State Manufacturing Index reading turned in a significantly better result than forecasted. Today the catalyst in the broad markets will be the publication of the Federal Reserve’s Meeting Minutes report. The U.S Dollar has been strong … Continue reading U.S. Dollar Stays Strong and Federal Reserve Report will Impact Markets

U.K. Consumer Price Index Holds Steady at 2.6% The U.K released its Consumer Price Index data this morning. The Bank of England like the U.S Federal Reserve has made it clear inflation data is a major consideration regarding its monetary policy. Inflation rate YoY remained unchanged at 2.6%, the core inflation rate also unchanged at … Continue reading U.K. Inflation Holds Steady, Eyes on U.S. Retail Sales

The Bank of England’s Monetary Policy Committee met last week and there were some interesting developments. We will try to sieve through the plethora of information and pick what we think were the salient points. First of all, we start with the interest rate decision. The July meeting’s split was 5-3 (5 to keep rates … Continue reading Takeaways from the August Super Thursday, Maybe not So Dovish

This week there will be a lot of data out from China including inflation and trade. According to Reuters, the data of this week should reflect a steady economy – what do you think we can expect? We’ve seen the IMF upwardly revise its economic growth projections off the back of a solid 1st quarter … Continue reading China’s Inflation and Trade Data, RBNZ Next Rate Hike and UK Trade Deficit