The Bank of England would deliver a market moving-surprise if it goes ahead and opts for a 15 basis point hike on Thursday, given market expectations for such a move have slipped significantly over the past two weeks.
December 15,2021
The British Pound has lost value against most peers having been hit by the sudden introduction of new Covid-19 measures which threatens to slow the UK's economic recovery, however losses could soon give way to consolidation.
December 15,2021
Plans to introduce tighter Covid-19 restrictions in order to slow the spread of the Omicron variant are afoot, but they will exact a toll on UK businesses, consumer sentiment and ultimately the Pound.
December 8,2021
"For sterling... the UK is likely to be the amongst the best protected places in the developed world against Omicron." - Deutsche Bank.
December 7,2021
"Previous infection used to protect against Delta but now with Omicron that doesn’t seem to be the case".
December 3,2021
If the Bank of England goes ahead and raises interest rates in December Pound Sterling would likely rally as such a move would catch the market by surprise.
December 2,2021
The UK will accelerate its booster vaccination programme in a bid to avoid implementing further Covid restrictions, a move that could keep the Pound supported in a repeat of early-2021.
November 30,2021
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