At today’s monetary policy meeting, the Bank of England decided to cut the Bank Rate by 25bp to 5.00%. A tight vote split, the notion of it being a finely balanced decision to cut rates and a mention of upside risks to the inflation forecast, gave the cut a slight hawkish twist. Gilt yields tracked […]
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Canada’s gross domestic product report for July next Friday will be closely watched to see if cooling in the economy in late Q2 extended into Q3. Early reports are pointing to a 0.1% increase in Read more…
RBA expected to deviate from the Fed and hold rates steady Inflation risks remain a concern; labor market is tight AUDUSD faces resistance near 0.6835; next barrier around 0.6875-0.6900 RBA to keep rates steady It Read more…