Bank of England (BoE)

Mark Carney, the Governor of the Bank of England Few minutes ago, the UK government lost the case of activating Article 50 without a parliamentary vote according to the high court in the UK, which eases the chances for a hard Brexit, as…
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The markets enter a crucial week with both economic and political decisions weighing on traders. The US general election is now just one week away which will remain in the backdrop for the markets. The monetary policy meetings from the RBA,…
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After a slow trading day on Monday due to lack of fundamentals across the board, Tuesday comes with many key economic releases for two central banks, which set to have a notable impact on the markets. Eyes turn to the UK and the US…
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Global equities suffered from a notable decline over the past few days after higher estimates and fears of a possible rate hike by the Federal Reserve towards the end of this year. This decline is especially a result of the US Jobs Report,…
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During the early morning hours of the Asian session on Friday, Asian traders experienced a dramatic move on GBP pairs, one that is the first of its kind in over a decade. GBP declined by more than 6% in a matter of few minutes before…
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Market Summary New Zealand GDP rises 0.90% in Q2, less than forecast New Zealand Q1 GDP revised higher to 0.90% Australia unemployment rate falls to 5.60% Swiss National Bank leaves LIBOR rate unchanged at -0.75% UK…
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The Bank of England is set to announce its latest decision today at 11:00 GMT+, which includes the Official Bank Rate, Asset Purchase Facility, Monetary Policy Summary, and the MPC meeting minutes, which includes the policy makers’ votes.…
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After yesterday’s disappointing inflation figures in the UK, all eyes are headed toward the monthly jobs report today, which is set to have a notable impact on the markets ahead of the key event of the week, which is the Bank of England's…
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The recent economic releases from the UK came in contrary to market expectations. It showed some improvement since the Bank of England decided to increase its QE and cut the main rate to 0.25% after the Brexit vote. These figures have led…
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The Japanese yen was again at the front coming out as the top performing currency last week. Gaining over 1.37% against the US dollar, the yen rallied mostly on the dollar weakness after last week's ISM services report. Following the yen…
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