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Thursday, 13 August 2026

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Economy

Christine Lagarde, Boris Vujčić: Monetary policy statement

The Governing Council today decided to keep the three key ECB interest rates unchanged. The outlook for energy prices, while highly volatile, currently stands close to the baseline of the June Eurosystem staff projectio…

British Pound slides as Gulf war risk fuels US Dollar rally

The Pound Sterling drops by over 0.40% against the Greenback as risk aversion weighs on most G8 currencies amid the escalation of the Middle East conflict and growing speculation of an extended US campaign against Iran.…

Monetary policy decisions

The Governing Council today decided to keep the three key ECB interest rates unchanged. The outlook for energy prices, while highly volatile, currently stands close to the baseline of the June Eurosystem staff projectio…

Letter from the Governor to the Daily Mail

On Friday, May 15, Governor Polis pardoned 35 people and commuted the sentences of nine others, including former Mesa County Clerk Tina Peters, who was convicted and sentenced for her role in a breach of her office’s el…

Managing conflicts of interest in insurance

Having just joined as the FCA’s new insurance director, it’s been great getting to know the team and see the variety of work they’re doing – whether that’s working with the industry to improve claims experiences for cus…

WTI rallies more than 5% as Middle East supply risks deepen

West Texas Intermediate (WTI) crude Oil rallies more than 5% on Thursday as hostilities between the US and Iran deepen supply risks. At the time of writing, WTI trades around $90.50 per barrel, its highest level since J…

Australian Dollar: Jobs strength keeps RBA hike priced – BBH

Brown Brothers Harriman’s (BBH) Elias Haddad notes AUD/USD is consolidating near 0.7000 after strong Australia employment data. Solid June job gains keep Reserve Bank of Australia (RBA) hike expectations alive, with cas…

Euro: ECB seen hiking in September – Commerzbank

Commerzbank’s Antje Praefcke argues the European Central Bank (ECB) can delay action today but will keep a hawkish tone as inflation stays near 3% and core pressures may even rise. She expects the next rate move to 2.50…

Australian Dollar: RBA tone may turn hawkish – Commerzbank

Commerzbank’s Volkmar Baur highlights a strong Australian labor market, with 76,000 jobs added and participation back near historic highs, prompting markets to raise the implied probability of an RBA hike to 30%. Despit…