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EUR/GBP Could Reach Near .9000

Due to the inequality of the cuts, GBP should move lower at a faster pace than the Euro.

Bank notes of different currencies

Week Ahead: Coronavirus, FOMC, BOE, and Brexit

On the opening next week, the focus will likely continue to be the Coronavirus.

Sterling Lower on Economic Data

For today’s most important data releases, the outcome was even worse than expected.

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Business rebound helps pound hold ground

A growth surprise is helping sterling shrug off increasingly ferocious parliamentary battles

European Equity Market Handover: The Fed still caps

The over-reaction to the Federal Reserve’s more balanced commentary on the rates outlook than expected is starting to unwind

QUICK BOE PREVIEW

A few points to watch as the Bank of England updates policy

Dow creaks as skies darken

Trade talks look dicier as the global economy stalls.

Hedged BoE forecasts buoy sterling

BoE Governor Carney's live comments were less alarming than today's statement.

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February 7, 2019 11:45 AM

FTSE rallies as market suffers whiplash from UK politics

The FTSE rallied on Friday but a look back at the past week shows the index has barely nudged higher than where it started.

FTSE opens higher

The FTSE stared the day strongly, up over 0.50%, pulled higher by a stronger close in the US market and positive company news including Investec’s spin off plans.

FTSE nudges higher despite Asian stock slump

European shares started the week mostly flat but there is a glint of optimism in the FTSE 100 as it slowly works its way higher.

FTSE on a downward path

Having started the day upbeat, the FTSE proceeded to lose ground.

US profit taking sees indexes in the red

The FTSE started the day lower and did not recover from there, particularly after the US indexes started declining in the afternoon.

FTSE tracks US stocks higher as trade deal lifts mood

After an early dip the FTSE turned the corner helped by new enthusiasm in the US stock markets.

FTSE higher despite sterling plunge

Although the FTSE index managed to finish the day on a higher note most European markets were lower on the day taking their cue from a weaker open on Wall Street.

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BoE scores one-nil against sterling bears

Bank of England policymakers have scored a victory against complacent sterling bears.

BoE struggles to explain new caution

Policymakers’ reasons for keeping the Bank rate at 0.5% were confusing, or, to put it more charitably, 'finely nuanced'

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May 10, 2018 01:30 PM