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GBP, UK yields in red

Sterling markets were unperturbed by the CPI miss, with both UK yields and the Pound reversing at least most of the declines seen in...

BoE seen on hold – Not interfering with politics

The BoE's Monetary Policy Committee announces the outcome of this week's meeting today. The strong consensus is for no change, which would leave the...

Gold sparkles on UK Elections risk

Gold sparkles on UK Elections risk - Gold above 1505, USD overall steady, GBP up from lows seen yesterday, while JPY is retaining soft...

Sterling, Extension and Election Polls

Everyone concerned is presently waiting on the EU to grant the UK an extension in the Brexit deadline from October 31. The Irish PM...

Impact of Brexit on Pound so far

Parliament voted on Saturday in favour of the Letwin amendment, which forced the government to request a 3-month delay in Brexit. The amendment does...

Growth risks mount but recession wolf kept out for Q3

As Brexit uncertainty and no deal Brexit risks hit orders, the economic outlook is deteriorating in UK. Yesterday, the UK August production data disappointed,...

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