UK stocks rise on softer inflation as rate cut odds increase
Trio of rate holds expected from the Fed, ECB, and BoE this week
UK Chancellor Hunt will deliver the 2023 autumn statement to MPs on Wednesday 22 November.
GBP/JPY aims to break higher but faces strong resistance
A preview of the upcoming UK jobs and CPI data and how it could affect UK assets.
The Bank of England has left rates unchanged at 5.25% with a 5-4 vote split after CPI dropped more than expected in August
GBP drops after a softer CPI reading scares investors about the BoE intentions. JPY on the lookout for further policy tweaks from Governor Ueda.
A look at the key USD pairs ahead of the US CPI data out on Thursday
With inflation showing signs of easing yet labour market still tight, when will BoE start easing its monetary policy?
The British pound has been moving sideways against the euro, yet can it regain momentum? Read on for a GBP/EUR forecast.
USD trading setups post-CPI release
Big tech stocks crashed in 2022—META, Microsoft, Apple and Tesla all saw big losses as 30% was wiped off the NASDAQ
2022 has been a year of geopolitical turmoil, economic uncertainty and tightening monetary policy, which has resulted in heightened volatility and unexpected market events.
The US dollar remains under pressure as markets struggle to believe the Fed will be able to keep rates elevated throughout 2023 and 2024. Will that change?
Will the GBP/CAD rate continue to trend higher in the new year or is it due for a dip?