Sterling is a major focus this week with a batch of economic data featured, starting from jobs today, to inflation and retail sales. Risks to the inflation outlook are on both sides as BoE Governor Andrew Bailey explained. Thus, the path of monetary policy, as well as the Pound’s movements, are also highly uncertain. GBP/CAD’s […]
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RBA hikes cash rate to 4.1% in a 5:4 vote. Perceived capacity pressures and inflationary impacts of the Middle East conflict were key concerns. As was widely expected, the RBA Monetary Policy Board (MPB) raised Read more…
The early spike in oil prices faded throughout yesterday’s trading session, pulling both US and Brent crude below the $100pb mark on news that a few tankers could transit through the Strait of Hormuz. There Read more…
In focus today Focus remains on tensions in the Middle East and its impact on energy markets. In Germany, we will receive the ZEW survey data for March. Recent months have shown an improvement in Read more…