BoE MPC member Catherine Mann explained her unexpected vote for a 50bps rate cut last week. Speaking to the Financial Times, she emphasized that “Demand conditions are quite a bit weaker than has been the case”, prompting a reassessment of her stance on inflation risks. She now sees inflationary pressures easing faster, with pricing trends […]
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Markets Yesterday US president Trump’s ‘announcement policy’ on tariffs continued to dominate market headlines as the president indicated that he was preparing broad-based tariffs of 25% on steel and aluminum. This could only be seen Read more…
The emergence of China’s AI start-up, DeepSeek has triggered a positive feedback loop into the Hang Seng Index. Mixed consumer spending and weak factory activity in China suggest deflationary pressures are likely to persist. Momentum Read more…
The US dollar extended gains and gold hit a fresh ATH fuelled by fresh tariff threats from Donald Trump. In addition, China now allows insurers to buy gold and hold 1% of their holdings in Read more…