3rd February 2022

Bank of England with a hawkish hike, GBP jumps

The Bank of England has hiked rates by 25bps and signals more to come. This is a hawkish hike and GB (...)

2nd February 2022

Eurozone inflation jumps to add pressure on the ECB

Flash Eurozone inflation has come in higher than expected. This will add to pressure on the ECB and (...)

16th December 2021

ECB with tentative steps towards tighter monetary policy

The ECB has laid out plans for the post PEPP period in Q2 2022. A small step on the road towards tig (...)

3rd December 2021

Nonfarm Payrolls with a big miss in November jobs report

Expectations of 550,000 jobs growth in November have proved to be wide of the mark. Despite this, it (...)

1st December 2021

ISM Manufacturing encourages with another improvement

The ISM Manufacturing PMI has improved and slightly beaten expectations. A breakdown of the componen (...)

16th November 2021

US Retail Sales smash expectations in October

US Retail Sales significantly beat expectations, but the reaction has been curious. 

10th November 2021

Bank of England holds rates, GBP slides lower

The Bank of England has disappointed markets and not hiked rates. Reaction on GBP has been decisive.

28th October 2021

Q3 US Advance GDP misses estimates

US GDP has come in weaker than expected in Q3. Whilst there may be a mild knee-jerk USD negative mov (...)

22nd October 2021

Flash PMIs surprise: Eurozone miss, but UK with a big beat

Weaker than expected Eurozone PMIs and better than expected UK PMIs add up to GBP outperforming EUR

12th October 2021

German ZEW Economic Sentiment still deteriorating in October

There is a continued deterioration in survey data for German economic sentiment. We look at the impa (...)

8th October 2021

Nonfarm Payrolls disappoint again, but Fed still on course

Looking at today’s payrolls report it looks fairly disappointing. However, there are some brighter s (...)

22nd September 2021

Markets uncertain as FOMC leaves them waiting for the taper

The Federal Reserve continues with its asset purchases at the same rate. However there were changes (...)