IMF expects EMEs to grow 4.5% this year, 4.8% next:
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Daily blog
The euro strengthened to nearly 89p versus the pound and just under $1.14 against the dollar, while core and periphery European government bond yields rose German and French 10-year yields rose by circa 14 basis points on the back of comments by ECB president Draghi that all signs now point to a strengthening and broading recovery in the […]
Daily blog
It was a quiet start to the week with the major currency pairs largely unchanged. The euro continues to trade in a relatively tight range of $1.1120 to $1.1220 against the dollar and is still hovering around 88p against sterling Bond yields in the core markets edged lower yesterday. The decline in recent weeks has […]
Daily blog
The past couple of weeks have revealed that the Monetary Policy Committee of the Bank of England is split down the middle regarding the outlook for UK interest rates, between those who favour ‘no change’ and those who believe a near-term increase is warranted The possibility that UK interest rates might rise sooner rather than later is providing some support to sterling in the face […]
Weekly Round Ups
This week’s highlights: Euro/$ range bound; Sterling choppy; Brent oil falls further; Euro area PMIs edge back. Read the full Weekly Round Up below: Weekly Round Up 23 June 2017
