GBP hit by deteriorating global sentiment, markets fall as Biden's Build Back Better bill fails.
Read more … →"The market had largely priced out a hike. This a surprise" - Mizuho.
Read more … →The Pound could end the week higher if the Bank of England avoids a rate hike but warns it will act with haste once the Omicron wave has passed.
Read more … →UK labour market statistics for the October-November period showed a stronger than expected rise in UK wages, suggesting inflationary pressures in the UK could remain elevated for longer than the B…
Read more … →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…
Read more … →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…
Read more … →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 Pou…
Read more … →