December opens with a weaker USD and GBP under pressure

December starts with a weaker USD and GBP pressured after the UK budget

The end of the US shutdown may prompt a slew of data & all eyes on UK inflation

Lots of Fed speeches this week, on top of increased data releases after the US shutdown ends. After a raft of poor UK data, markets are searching for any positives before buying GBP.

US shutdown looks set to end as GBP falls, USD is range-bound and markets recover

The sharks have stopped circling, it looks likely that the US government shutdown will end, bringing relief to the USD.

Central banks to add volatility into year-end

Below we keep focussed on the major Central Banks, but no less than TWENTY central banks meet this week. Balancing inflation, growth and the Omicron wave isn’t easy!!

Finance, economics, Currency, Cashflow, Business, brexit, Volatility, US EconomyKevin TullettDecember 13, 2021fx, forex, finance, inflation, currency, payments

USD surges after US inflation soars, UK data disappoints - €/$ and £/$ touch lows

Yesterday saw US inflation data reach far beyond expectations and the USD surged as a result – the market is convinced that the US will raise rates at least twice through 2022.

Finance, economics, Currency, BusinessKevin TullettNovember 11, 2021fx, economy, US economy, inflation, currency, payments

ECB and Fed speak driving volatility

Interesting times

Finance, economics, CurrencyKevin TullettSeptember 9, 2021fx, financing, forex, inflation

Inflation pressures take hold & US employment data ahead

BBC website headline this morning is: Sri Lanka in economic emergency as food prices soar .. “The government says it will seize food stocks and set prices to contain inflation”.

Finance, economics, Currency, Cashflow, Business, FXKevin TullettSeptember 1, 2021fx, finance, inflation, currency, currencies, economics

Milkshake Madness & global pressure ahead of Jackson Hole

A quick look at some headlines gives us a broad backdrop to the stresses and strains in the real economy. Looking back to Central Banks comments in the last 6months, I bet they are still hoping that inflationary pressures ARE transitory, because the pressures are taking hold.