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GBP/USD, GBP/JPY forecast: Forward returns around the UK Budget
The UK spring budget is set to be released tomorrow. And if GBP/USD follows its general pattern around this budget, it could be in for a tough few days - starting from today.
Market Reaction to Sunak's Spending Spree
Market Reaction to Sunak's Spending Spree
World Governments Respond to Coronavirus
In addition to using monetary policy to stem the economic fallout, many countries have announced fiscal stimulus plans.
Should Traders Buy the Dip? That Depends on Policymakers
A strong response from global policymakers may be the sign traders need to see for equity markets to form a bottom...
Volatile US markets keep Europe on its toes
Oil stocks and miners are leading the FTSE risers this morning after BP reported a doubling of quarterly profits and the best underlying results in over five years.
UK markets move on swiftly from UK Budget
The era of austerity might be “coming to an end”, but given the circumstances, it’s not coming to a swift end, so the Budget’s market impact was therefore almost invisible.
Sunny day in Europe
European indices opened a touch higher and are holding the trend despite a mixed set of results from major banks.
GBP/USD at key level ahead of UK budget
The general consensus going into today’s UK budget is that Chancellor Philip Hammond will disappoint and that the GBP/USD may extend its declines towards 1.20. […]
Something for everyone this week
There’s something for everyone this week: rate decisions from the Reserve Bank of Australia and European Central Bank; the UK’s budget, and the monthly US […]
Pound in focus as Osborne prepares to deliver budget
It is going to be a big day for the UK assets with the budget due for release shortly and after this morning’s slightly stronger […]