Topic

GBP

A collection of 97 issues

GBP MPC Official Bank Rate Votes, Nov 07, 2024

MPC Official Bank Rate Votes: Hawkish Stance Holds Steady November 7, 2024: The Bank of England's (BOE) Monetary Policy Committee (MPC) voted to maintain interest rates at the current level, with a 0-8-1 vote, indicating a continued hawkish stance. This follows the previous month's vote of 0-1-8, highlighting the committee's

GBP Monetary Policy Summary, Nov 07, 2024

Bank of England's Monetary Policy Summary: A Hawkish Turn for the GBP? The Bank of England (BoE) released its latest Monetary Policy Summary on November 7, 2024, sparking renewed interest in the direction of GBP. This release, which serves as a key communication tool for the Monetary Policy Committee (MPC)

GBP BOE Monetary Policy Report, Nov 07, 2024

BOE Monetary Policy Report: Key Insights for GBP Traders The Bank of England (BOE) released its latest Monetary Policy Report on November 7, 2024, providing crucial insights into the UK's economic trajectory and the potential direction of interest rates. This report carries significant weight for traders, as it lays bare

GBP Official Bank Rate, Nov 07, 2024

Official Bank Rate Holds Steady at 4.75%, Signaling Continued Economic Uncertainty The Bank of England (BOE) announced on November 7, 2024, that it would hold the Official Bank Rate at 4.75%, maintaining its current level despite recent economic fluctuations. This decision, which carries a high impact on the

GBP 10-y Bond Auction, Nov 07, 2024

UK 10-Year Bond Auction: Investors Show Cautious Optimism On November 7, 2024, the Debt Management Office (DMO) conducted the latest auction of 10-year UK gilts, revealing a yield of 4.48% and a bid-to-cover ratio of 2.8. These figures reflect a slight increase in yields and a decrease in

GBP Halifax HPI m/m, Nov 07, 2024

Halifax HPI m/m: UK Housing Market Shows Continued Slowdown The Halifax House Price Index (HPI) m/m, released on November 7th, 2024, reported a 0.2% month-over-month decline in house prices. This data point continues the trend of slowing growth in the UK housing market, as the index registered

GBP Construction PMI, Nov 06, 2024

Construction PMI: UK Building Activity Slows in November, Sending Sterling Lower The latest Construction Purchasing Managers' Index (PMI) data for the UK, released on November 6th, 2024, reveals a continued slowdown in the construction industry, adding to concerns about the overall health of the British economy. The index, which measures

GBP 10-y Bond Auction, Nov 05, 2024

UK 10-Year Bond Auction: Low Impact, But What Does It Mean for the Market? **The latest data released on November 5, 2024, showed that the UK's 10-Year Bond Auction resulted in an average yield of X.XX% and a bid-to-cover ratio of X.X. This represents a [insert direction: increase/

GBP Final Services PMI, Nov 05, 2024

UK Services Sector Stays Resilient: Final Services PMI Holds Steady at 52.0 The latest Final Services PMI for the UK, released on November 5, 2024, came in at 52.0, matching the previous month's reading and exceeding the forecast of 51.8. This indicates that the UK services sector

GBP BRC Retail Sales Monitor y/y, Nov 05, 2024

UK Retail Sales Slump in October: BRC Monitor Shows Weak Growth The latest British Retail Consortium (BRC) Retail Sales Monitor report, released on November 5th, 2024, paints a bleak picture for the UK retail sector. Year-on-year (y/y) sales growth came in at a paltry 0.3%, significantly below the