About: davin
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EUR/GBP steadies near 0.8660 as softer UK CPI dents BoE bets; ECB hawks in focus

EUR/GBP rebounded near 0.8660 as UK inflation cooled, weakening pound; PMI data and ECB signals awaited.
Written on May 20, 2026 at 5:19 pm
Categories: Live Updates
Tags: Pound
Global equities slide as US yields top 4.75%, prompting rotation into defensive value and energy

Global equities slid as rising bond yields and inflation worries spurred defensive rotation, despite solid data and earnings.
Written on May 20, 2026 at 5:19 pm
Categories: Live Updates
Tags: Indices
UK inflation slows to 2.8% as core eases, keeping Bank of England June outlook uncertain

UK April CPI slowed to 2.8%, under forecast; core eased to 2.5%, shaping BoE expectations.
Written on May 20, 2026 at 4:50 pm
Categories: Live Updates
Tags: Pound
Dollar finds support as longer-term US inflation expectations climb, but real-rate risks cloud outlook
Markets see persistent Middle East conflict inflation; US expectations rise, boosting dollar, but real rates and Fed stance uncertain.
Written on May 20, 2026 at 4:49 pm
Categories: Live Updates
Tags: Dollar
UK PPI Surprise Rekindles BoE Hawkishness, Lifts Gilt Yields and Sterling, Pressures FTSE 100

UK output producer prices rose 1.4% in April, 0.4 points above forecasts, indicating faster-than-expected growth.
Written on May 20, 2026 at 4:19 pm
Categories: Live Updates
Tags: Pound
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