Tag: UK
Pound breaks last week’s band
Eurozone manufacturing PMI unexpectedly revised down to 47.6 in the final June number, from 47.8 in the preliminary reading. This means the manufacturing reading...
Central Banks Overview
Nearly all major Global Central Banks have adopted a more formal easing bias in their word cues, with the Fed, ECB and BoJ standing...
Everything depends on Brexit afterall
The BoE left monetary policy unchanged yesterday, as widely expected. The updated forecasts from the inflation report are somewhat more bullish on growth, which...
Cable dragged lower by EURUSD
Cable has been dragged lower by declines in EURUSD, which has driven the pair to a two-month low at 1.2944.
The Pound concurrently ebbed against...
Lack of progress underpins Pound
The Pound has taken a dive on Brexit news, with The Guardian citing Labour leader Corbyn saying that there "is no agreement yet" between...
Wednesday: The key day of the week
On Wednesday, the focus will be on the Emergency EU Council summit,which coincides with an ECB meeting.
The EU has,overall, held a united front through...
