Conservative FX Markets Testing (Some) Extremes
The majority of major developed and Emerging Market currencies have contnued to trade in narrow ranges versus the US Dollar in the past three...
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BoE: Going Late and Large in June
The BoE made no policy change at its May meeting, but two members dissented for £100bn more QE and the flow outlook seems undiminished. Governor...
279 Views
BoE: Raising Stock to Sustain the Flow
The prevailing state of the UK economy is unrecognisable relative to the BoE's last monetary policy report. Substantial downgrades are...
235 Views
UK: IP Slams into Shutdown During Apr-20
The UK manufacturing PMI only dipped 3.9-points in March, but it dived 15-points to 32.6 in Apr-20 as supply-shortages during the shutdown...
269 Views
UK: Mar-20 Sales Reveal Sectoral Level Hits
Retail sales crashed by 5.1% m-o-m in Mar-20. That refers to an average level between 1 March and 4 April so is still supported by the...
303 Views