Tag: BoE

Daily Market analysis
September 19, 2019 BY Valentina Kirilova

Daily market commentary: The Fed delivered a ‘hawkish cut’

ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for September 19, 2019. See details below: FOREX With yesterday’s long-time-coming announcement of a 25 basis points rate cut and subsequent hawkish performance by Chairman Jerome Powell, the North American central bank left the markets guessing. Mr Powell’s message hinted at moderate…

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February 25, 2019 BY Valentina Kirilova

UK and US regulators issue joint statement on post-Brexit derivatives trading

The U.S. Commodity Futures Trading Commission (CFTC) today issued a joint statement in collaboration with three U.K. regulators, which are the Bank of England (BoE), the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA), regarding activities relating to the trading and clearing of derivatives between both countries after Brexit. The statement reassured market…

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The Pound could be on its way to parity
October 16, 2018 BY Valentina Kirilova

The Pound could be on its way to parity

Wage growth in the UK, excluding bonuses, has risen at its fastest pace in nearly 10 years during the three months to the end of August, boosting sterling as upbeat data on the mortgage market also helped offset no-deal Brexit fears. Pay rose by 3.1%, compared with a year ago, while inflation for the same…

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boe
November 30, 2017 BY Valentina Kirilova

BoE and FCA launch next phase of Sterling Libor transition work

The Bank of England and the Financial Conduct Authority (FCA) announced the next phase of work with market participants on Libor transition. From January 2018, the market-led Working Group on Sterling Risk-Free Rates will have an extended mandate and broader participation. The Working Group’s new mandate will be to catalyse a broad-based transition to SONIA over…

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boe
November 02, 2017 BY Valentina Kirilova

Bank of England increases Bank Rate to 0.50%

The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 1 November 2017, the MPC voted by a majority of 7-2 to increase Bank Rate by 0.25 percentage points, to 0.5%. The…

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Mark Carney BoE macroprudential measures
August 17, 2017 BY LeapRate Staff

Bank of England doves consolidating power

The following article was written by Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). The UK inflation fell by 0.1% on month to July versus 0.0% expected by analysts. Apparently, the soft pound didn’t cause a positive readjustment in British consumer prices. The headline inflation remained unchanged at…

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central bankers fx
June 22, 2017 BY LeapRate Staff

Fed, BoE and BoC in focus

The following article was written by Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). June has been full of surprises for currency traders as some of the leading central banks displayed a significant shift in their policy or rhetoric that could be a game changer for the rest…

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August 04, 2016 BY Valentina Kirilova

Bank of England cuts rates to 0.25%

The focus for investors on Thursday was BoE's rate decision. UK interest rates have been cut from 0.5% to 0.25% and the Bank of England has reported that they could go even lower if the economy worsens. BoE has announced a range of measures to stimulate the UK economy, including a £100 billion scheme to…

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