The Pound Sterling faces selling pressure as the soft inflation outlook prompts BoE rate cut prospects.
Weak UK Retail Sales also contribute to a softer...
Mon: PBoC MLF, Swiss PPI (Mar), EZ Industrial Production (Feb), US Retail Sales (Mar), South Korea Import/Export Price Growth (Mar)Tue: Chinese GDP (Q1)/Industrial Production...
Annual inflation in the UK maintained at the rate of 4.0%.
The US released an upbeat inflation report showing persistent inflation.
The possible timing for Fed...
The dollar was on the front foot after Powell’s hawkish speech.
BoE policymaker Jonathan Haskel said he would need more evidence that inflation was cooling.
The...
Powell challenged market expectations, shattering hopes for an early Fed rate cut in March.
Investors were eagerly awaiting the BoE policy meeting later today.
The pound...
