Bank of England Governor Andrew Bailey signaled that rising market borrowing costs are helping tighten financial conditions naturally, reducing pressure for immediate additional policy action from the central bank. Testifying before lawmakers on today, Bailey said the jump in market interest rates since the outbreak of the Iran war — particularly in mortgage costs —…
Dollar’s broader weakness reasserted itself last week, even as it managed a modest late rebound against Euro. Across the board, however, the greenback remains under pressure, with underlying momentum and sentiment pointing to further downside ahead. Technically and fundamentally, Dollar is now skating on thin ice, with recent price action suggesting the near-term rebound has…
Newsquawk Week Ahead – 27th April – 1st May 2026: Highlights include Fed, BoJ, BoE, ECB, BoC, US PCE, GDP and ISM Manufacturing PMIWEEK AHEAD Markets Next Week US-IRAN PREVIEW : The week ahead centres on four key watchpoints. First, the Strait of Hormuz “red line”: President Trump has warned the US Navy could…
The return of “1970s-style stagflation” is no longer a distant tail risk—it is fast becoming the central theme driving global markets. The clearest warning sign is the emergence of a “dual shock” of rising oil prices and climbing Treasury yields. In a typical geopolitical crisis, investors seek safety in bonds, pushing yields lower. This time,…
After hawkish Fed, dollar traders turn to preliminary PMI data. Pound set for a busy week amid inflation, PMI and retail sales numbers. Japan’s CPI to determine how likely an April BoJ hike is. Australia’s CPI could solidify the case for a third consecutive RBA hike. After the central bank spree, agenda becomes lighter. Following…
Markets Markets yesterday again showed some hefty swings as mutual attacks on energy installations by both Iran and Israel caused the market to further move to a scenario where higher energy prices and supply disruptions might last longer than hoped for. Enter central bank assessments of the likes of the ECB and the Bank of…
Central bank special The ECB stuck to a 2% deposit rate and said it is well positioned to navigate through a significantly more uncertain outlook. “Well positioned” isn’t the same as “the good place” the ECB was in prior to the Iran war (and which suggested a long pause), Lagarde said. The energy shock resulted…
The Bank of England (BoE) has signaled openness to softening its regulatory approach to systemic pound-pegged stablecoins after facing backlash from lawmakers and industry leaders over certain proposed policies. BoE To Revise Stablecoin Regulation Proposal On Wednesday, Bank of England Deputy Governor Sarah Breeden affirmed that the financial authority was “genuinely open” to revising its…
Oil and gas prices shoot up, upending rate cut bets as inflation fears return. Stocks tumble amid surging bond yields and stagflation risks. Markets increasingly price in a prolonged Iran conflict. Did Trump just shoot himself and the US economy in the foot? Back to the 1970s It’s only been a few years since Russia’s…
Markets As bombings in the Middle-East continue, markets jump from headline to headline in search of something that might structurally change current dynamics. Today’s early focus went to Iran’s state-run Islamic Republic News Agency (IRNA). They said that deputy foreign minister Takht-Ravanchi commented in an interview with MS NOW on recent nuclear negotiations. The nation’s…