Sterling Facing Critical Week

There’s a perfect storm approaching the pound this week with critical factors affecting Sterling on a collision course. Analysts cite political uncertainty, macroeconomic data and monetary policy as the three main drivers of economy and therefore currency. There isn’t one which is more important than the other and they are …

Central Banks and Inflation; A difficult relationship

What else matters? Inflation, if you want to know how serious it is; ask a Zimbabwean! The U.S. released inflation data for June on Friday and whether it is the brilliant job being done by the FOMC in raising interest rates, “global factors” a weak housing market or some other …

MPC Facing Critical Vote

Damned if they do, Damned if they don’t… There are three weeks until the next MPC meeting in the U.K. but traders will already have the date circled in red on their calendars. A one-month break in meetings should have given MPC members more time to come to a considered …