Economists had expected the September meeting of the European Central Bank to be a non-event. The Bank had already cut rates eight times and handily achieved its 2% inflation target back in June. There was surely not much else that needed to be done other than repeat the usual lines about being “data dependent” and operating on a “meeting by meeting” basis and call it a day, right?
The significant downside surprise in US Non-Farm Payrolls for August has confirmed that a significant cooling of the labor market is underway, paving the way for a rate cut on September 17.
Trump's tariffs are reshaping global trade and challenging the dollar's role. Understand the FX market impact and strategic implications for your portfolio.
India-Pakistan tensions flare over Kashmir, risking global economic stability. We review the potential market impact on currencies.
If yesterday’s Prime Minister’s Questions was meant to showcase a confident new government in control, someone forgot to brief the markets—or the Chancellor.