A Soft Landing
A soft landing An economic ‘soft landing’ refers to when an economy slows down from a period of strong growth but avoids falling into a recession. The achievement of an economic ‘soft landing’ has been the ‘holy grail’ sought by the world’s major central banks since they started sharply raising interest rates in 2022 in […]
It’s All About Interest Rates
Time flies. One minute we’re all celebrating the festive season and the new year and then in a flash (or at least that is how it feels to me) the first month of 2023 is all but over. This week promises to provide a very lively end to January and an even livelier start to […]
Oh My! Where Are Interest Rates Going?
As we approach mid-month, we ask ourselves ‘where are interest rates going?’ The Pound is up over 4.5% since the September low when on the 26th it hit its lowest level since January 2021 but is level pegging from this time last year against the Euro. Against the US Dollar, the Pound is still over […]
The Currency Markets Do Provide An Immediate International Perspective
The volatility in the currency markets continues amid inflation and recession concerns with the Pound starting the month at a 2-month high against the Euro, then dropping over 3% in the first 9 days of November but has since recovered one-third of the loss. Against the Dollar, the Pound had a much better first half […]