Economic Update 09 Jun 2025 7 minute read
Markets eye Fed’s next move as dollar strengthens unexpectedly
The UK starts the week with a light calendar, but activity picks up from Tuesday with the release of employment and earnings data. The Claimant Count is expected to rise, while the Average Earnings Index is...
Economic Update 02 Jun 2025 6 minute read
Euro holds ground as market brace for European Central Bank's (ECB) rate decision
With no major UK economic data scheduled this week, sterling is likely to take its cues from international developments as well as the ongoing global impacts of trade tariffs and...
Economic Update 27 May 2025 6 minute read
Markets watch closely as UK spending review, US data, and EU trade tensions shape currency outlook
The Treasury is currently preparing for a Spending Review on 11th June, which will set the budgets for many governmental departments until 2029. This is also the deadline for the next UK general election...
Economic Update 19 May 2025 7 minute read
Treasury Yields Break 5% as Moody’s Downgrades US Credit Rating
The United Kingdom and the European Union have reached a significant agreement on fishing and trade, marking the first major revision since the original Brexit deal in January 2020. Under the new arrangement, the UK has agreed to extend...
Economic Update 12 May 2025 7 minute read
Market optimism rises on US-China trade deal, significant tariff cuts announced
The Bank of England cut interest rates by 25 basis points, aligning with expectations. However, the split vote among MPC members (ranging from no cut to a 50bp cut) reflects uncertainty and supports the BoE’s gradualist...
Economic Update 06 May 2025 7 minute read
Bank of England expected to lower rates to 4.25% on Thursday
The main event for this week will be on Thursday with the Bank of England (BofE) interest rate meeting, which is widely anticipated to see a 25bp cut to 4.25%, marking the second rate cut of 2025.
Economic Update 28 Apr 2025 7 minute read
UK economy's growth projections decrease as global tariff fallout continues
Last week brought notable macroeconomic developments, including the widely anticipated interest rate cut from the European Central Bank and the UK’s lower...
Economic Update 28 Apr 2025 6 minute read
Dollar under pressure as GBPUSD and EURUSD hit multi-month highs
Last week brought notable macroeconomic developments, including the widely anticipated interest rate cut from the European Central Bank and the UK’s lower...
Economic Update 14 Apr 2025 8 minute read
Recent volatility dominates currency markets with US-China trade tensions in focus
It’s another quiet week on the UK data front, but that hasn’t stopped the pound from coming under pressure. Since President Trump’s surprise tariff announcement last week, markets have shifted into risk-off mode, favouring safer assets and putting the pound...