In August the median rate of perceived inflation over the previous 12 months was 3.5%, the same as in July. Median expectations for inflation over the next 12 months increased to 3.0% from 2.9% in July, while median exp…
EUR/GBP inches lower after three days of gains, trading around 0.8590 during the Asian hours on Friday. The currency cross is facing downward pressure as the British Pound (GBP) gains momentum following stronger-than-ex…
The UK rates market had to digest a heavy flow of news over the past week. The Bank of England (BoE) kept the base rate unchanged, inflation came in slightly below expectations, and Prime Minister Keir Starmer resigned …
The Indian Rupee (INR) opens sharply higher against the US Dollar (USD) on Friday, with the USD/INR pair correcting to near 95.75 from an over seven-week high of 96.10 posted the previous day. The Indian currency capita…
Not since a doomed foray into the thorny world of the transfer market has Todd Boehly had any real influence over the day-to-day at Chelsea. The American exits football as a diminished figure four years on, along with h…
August 6, 2026, 3:59 AM EDT. The Chinese Academy of Sciences achieved a 3.42% conversion efficiency in laser-produced plasma (LPP) EUV lithography, closing in on ASML’s 5.5% commercial benchmark. Although current power …
Based on today’s trading level, EUR/USD would gain 13.5% this year if we are to close at around today’s level, the biggest annual increase since 2017 – coincidentally also the first year of Trump’s first term in office.…
Japan’s central bank has increased interest rates to a fresh 31-year high as it attempts to combat global inflation linked to the war in Iran.
Another former government minister has been hired by a controversial US AI company, this time Palantir, which has appointed Andy Burnham’s former ministerial colleague Tom Watson.
USD/JPY does not trade Tokyo in isolation. It trades the distance between the Honkan and the Eccles Building, and Japan can take rates to a multi-decade high while the yen still weakens if traders believe the Fed is cli…
More than 1,500 academics and economists from 100-plus countries are urging global leaders to join an initiative against extreme inequality, calling current unfairness “a policy choice that can be reversed”.
Japan's central bank has raised its main interest rate to a fresh 31-year high as it continues to move away from decades of ultra-low borrowing costs and as the country faces increasing economic pressures.
The upgrade, announced in Moody’s periodic review of India on Friday, was driven by stronger private consumption, robust gross fixed capital formation, continued public infrastructure spending, signs of a revival in pri…
United Overseas Bank’s (UOB) Quek Ser Leang highlights that GBP/USD remains under pressure after four consecutive daily declines, though short-term momentum has not intensified. Intraday, the British Pound (GBP) is expe…
More importantly, Thursday’s rebound was not born from investors suddenly developing a taste for hawks roaming the Eccles Building. Oil did the work. As crude backed away, some of the inflation premium that had magnifie…
The BoE today updated its approach to shrinking its balance sheet and the result today is a further drop in gilt yields with the 10 yr yield now down 8.5 bps. They will halt for the next 6 months its asset sales and thi…
We are speaking less than a week after the ECB’s latest projections were published, and energy prices have already moved well above the baseline. How does this affect your outlook for inflation and growth?
The USD/JPY pair trims a part of strong intraday gains to a two-week high, though it holds comfortably above mid-156.00s during the post-meeting Bank of Japan (BoJ) press conference.
A cross-party committee of MPs has urged the government to reject a £10bn takeover proposal from Thames Water's creditors.
--August Exports to Continue Showing Resilience, July Machinery Orders to Dip After Sharp Rebound, August CPI Seen Steady to Slightly Up around BOJ’s 2% Target
Andy Burnham is under further pressure to take control of ailing Thames Water from a cross-party group of MPs who are calling for ministers to break off talks with the US hedge funds who are effectively running the comp…
Silver price (XAG/USD) gains ground for the second successive day, trading around $65.80 per troy ounce during the Asian hours on Friday. Non-yielding Silver gained support as falling oil prices helped ease inflation co…
Labour has been urged to lay out a credible plan for the future of British Steel, as the government spending watchdog warned of the “startling” costs of keeping the struggling manufacturer in business with no end in sig…
West Texas Intermediate (WTI) oil price remains subdued for the third successive day, trading around $96.40 per barrel during the Asian hours on Friday. Crude oil prices have declined as concerns over Middle East supply…