Bank of England (BoE)

Last Week’s Highlights US Q1 activity drops the most since the last recession The first-quarter economic activity in the world’s largest economy fell at a rate of 4.8%. This was the fastest contraction seen since the last economic…
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There was quite some speculation that the BOE would suspend its regularly scheduled meeting due to the coronavirus. Several other central banks have done so, and the BOE has already taken pre-emptive action by cutting rates and…
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Tomorrow, there will be a host of data coming out from the UK and volatility is expected to be on the higher side. Chief amongst the data will be the GDP growth and the Manufacturing Production. A few hours later, we will have another…
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Throughout last week, the view of analysts was that the PMIs published on Friday would be decisive as to whether the BOE cut rates during its first meeting of the year. But, in the end, the data split the difference and just increased…
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Today is quite an important day for Cable traders, with the release of a host of important economic data all at the same time during morning trading. It would be surprising if the market didn't get some extra volatility right after the…
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This week will see the continuation of central bank meetings, with the Bank of Japan and the Bank of England meetings on the docket. The meetings come at a time when some of the global risks are starting to show signs of progress. The…
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Now that the UK election is over, at least the political side of Brexit seems on firmer footing going forward. Therefore, attention is turning away from the divorce drama and back to the underlying data. The UK leaving in January…
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Trade of the week: GBPAUD Keeps Calm and Moves Up Prime Minister Boris Johnson’s landslide victory may finally bring an end to the Brexit deadlock. In their biggest election win since Margaret Thatcher’s 1987 triumph, the Conservatives…
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The markets open a mixed week ahead which will see both interest rate decisions and GDP revised estimates. The data for the coming week will give us some insight into how the various economies fared during the third quarter of this year.…
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The Bank of England will be holding its monetary policy meeting today. Officials at the central bank will, no doubt, be leaving interest rates steady. The UK’s interest rates stand at 0.75%, for the most part, this year. So far there…
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