Bank of England Articles

Vaccine Hopes Drive Equities Higher But For How Long ? US Trading Session Update

Essential Insights Asian equities started the week higher amid vaccine hopes along side its US equity counterparts The WHO reported a record single day increase in global covid-19 cases at 308,000 cases An important day in UK parliament as the Internal Market Bill is debated Japan’s Shinzo Abe replacement has…

Key Events To Watch Out For This Week

Monday GBP ♦ UK Parliamentary Vote on Brexit – TBC UK parliament are set to debate the Internal Market bill, a move that if proceeded with, would breach the divorce Brexit agreement signed last year. This bill would allow companies to trade ‘unhindered’ across the UK , clearly breaking the…

Dollar firm on broad data whilst Stocks continue to suffer

Asian stocks were under pressure as the sell off in US equity counterparts continued for a second day. The dollar has moved higher for the third-day in a row, temporary or the start of a new trend? US data comes in mixed but slightly more optimistic.

Markets – Indecisive Week Commencing 22nd June 2020

Asian stocks posted light losses overnight amid investor concerns around an increase in covid-19 cases in US, Europe and China as some lockdown measurers have temporarily been put back in place. Both the AUD and NZD traded higher amid a decline in covid-19 cases being reported in Beijing. AUD/USD traded…

Bank of England – Disappoints Sterling

Today we had the Bank of England interest rate decision and policy meeting, to which rates were unchanged as markets had expected.

Could the Cable Break the 1.2520 Mark?

7-week low for the Pound. Possible stimulus by the Bank of England. Failure in finalising the Brexit deal