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Economic Update 23 Jun 2025 6 minute read
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Bank of England holds steady but rate cut expectations rise - Markets eye a possible pivot in August

The Bank of England held rates at 4.25% as expected Thursday, although the vote split showed a slightly more dovish outcome than forecasted, with three members voting for a rate cut...

Economic Update 09 Jun 2025 7 minute read
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Sterling holds ground near 4-year high as dollar weakens

This week has the potential to see as much volatility as last week when the pound continued its positive trajectory against many of the G10 currencies.

Economic Update 02 Jun 2025 6 minute read
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Euro holds ground as market brace for European Central Bank's (ECB) rate decision

With no major UK economic data scheduled this week, sterling is likely to take its cues from international developments as well as the ongoing global impacts of trade tariffs and...

Economic Update 27 May 2025 6 minute read
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Markets watch closely as UK spending review, US data, and EU trade tensions shape currency outlook

The Treasury is currently preparing for a Spending Review on 11th June, which will set the budgets for many governmental departments until 2029. This is also the deadline for the next UK general election...

Economic Update 19 May 2025 7 minute read
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Treasury Yields Break 5% as Moody’s Downgrades US Credit Rating

The United Kingdom and the European Union have reached a significant agreement on fishing and trade, marking the first major revision since the original Brexit deal in January 2020. Under the new arrangement, the UK has agreed to extend...

Economic Update 12 May 2025 7 minute read
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Market optimism rises on US-China trade deal, significant tariff cuts announced

The Bank of England cut interest rates by 25 basis points, aligning with expectations. However, the split vote among MPC members (ranging from no cut to a 50bp cut) reflects uncertainty and supports the BoE’s gradualist...

Economic Update 06 May 2025 7 minute read
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Bank of England expected to lower rates to 4.25% on Thursday

The main event for this week will be on Thursday with the Bank of England (BofE) interest rate meeting, which is widely anticipated to see a 25bp cut to 4.25%, marking the second rate cut of 2025.

Economic Update 28 Apr 2025 7 minute read
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UK economy's growth projections decrease as global tariff fallout continues

Last week brought notable macroeconomic developments, including the widely anticipated interest rate cut from the European Central Bank and the UK’s lower...

Economic Update 28 Apr 2025 6 minute read
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Dollar under pressure as GBPUSD and EURUSD hit multi-month highs​

Last week brought notable macroeconomic developments, including the widely anticipated interest rate cut from the European Central Bank and the UK’s lower...