TAG mark carney

OANDA Market Insights podcast (episode 26)

OANDA Senior Market Analyst Craig Erlam and Head of Trading Asia Steve Innes review the week’s business and market news with Jazz FM Business Breakfast presenter Nick Howard. This week’s big stories: rate hike from the Bank of England, Apple market cap hits $1 trillion, China moves to shore up the yuan, and US job…

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OANDA Market Insights podcast (episode 24)

OANDA Senior Market Analyst Craig Erlam reviews the week’s business and market news with Jazz FM Business Breakfast presenter Jonny Hart. This week’s big stories: Trump attacks Fed over rate rise, UK inflation figures hit sterling, Barnier dismisses Brexit white paper , Google fined record sum. USD Weaker After Trump Interest Rate Comments Canada: Inflation…

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Is BoE Rate Hike in Doubt After Inflation Data?

GBP slides as core inflation falls below BoE target Focus is back on the central banks on Wednesday as we await the second appearance this week of Federal Reserve Chair Jerome Powell and the Bank of England’s interest rate plans are questioned following some softer inflation numbers. The pound is tumbling again on Wednesday after…

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Trump triggers sell-off with new tariff push

Markets in decline as US prepares $200bn in tariffs against China Equity markets in Europe are trading in the red once again on Wednesday and those in the US are on course to head in the same direction, as trade war fears once again take hold. While this announcement has been expected ever since US…

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GBP rallies on hawkish BoE

Risk aversion remains on trade fears We’re continuing to see risk aversion in the markets on Thursday, as the trade spats between the US and others ramp up. The week started with the US and China announcing tariffs against one another which will come into effect on 6 July, and it will end with the…

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Will the BoE lay the groundwork for August hike?

Was recent data enough to ease concerns about first quarter downturn? The Bank of England meeting on Thursday should be another interesting affair following a week in which two other major central banks – the Federal Reserve and ECB – have announced new tightening measures. No rate hike expected this month Markets still not convinced…

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US Futures Higher on Easing Trade War Fears

Reduced Chinese Tariffs Further List Sentiment in Markets US futures are pointing to another higher open on Tuesday, building on Monday’s strong gains and benefiting from an apparent easing in trade tensions between the world’s two largest economies. The postponement of new tariffs by both the US and China and the revelation that the latter…

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