UK fiscal headroom set to fall well below OBR’s £23.6 billion March estimate
UK fiscal headroom is set to fall well below the £23.6 billion the Office for Budget Responsibility (OBR) estimated in…
Forex News
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Bank of England Set to Hold Rates Despite Aggressive Market Pricing
The Bank of England looks set to hold its benchmark rate at Thursday's meeting, extending a wait-and-see stance even as…
Pound Holds Near 1.35 as Stronger UK GDP Fails to Offset Dollar Strength
Sterling traded little changed against the dollar on Friday even after stronger-than-expected UK GDP data, as investors positioned for a…
ECB Raises Rates to 2.5%, but Euro Stays in the Fed’s Shadow
The ECB raised its deposit rate to 2.5% and lifted its inflation and growth outlook, yet EUR/USD found little support…
Euro zone bond yields hit multi-year highs as ECB hikes rates and Brent crude tops $109
Euro zone government bond yields are on track for their worst weekly performance since March, extending a five-week decline after…
