Talk of a the UK Government uniting around a fixed settlement fee to be paid to the EU and the need for a two year transitional deal appear to have aided Pound Sterling higher.
September 21,2017
“The EU-27 has a financial and an economic incentive to accept that proposal. The EU-27 will face a financial shortfall without it" - Andrew Benito, aGoldman Sachs.
September 21,2017
"Today’s retail sales figures indicate that consumers are showing an impressive resilience in the face of the ongoing real pay squeeze" - Ruth Gregory, Capital Economics.
September 20,2017
The Pound's rally could continue in the near-term as short-positioning is flushed out of the market and a November interest rate rise is fully priced argue analysts at Deutsche Bank.
September 20,2017
A rate hike is almost certainly on the cards for November, says Investec, but the outlook beyond here has become more clouded.
September 20,2017
Carney did little to add renewed impetus to last week's Sterling rally while the bulk of strategists see only a one-time boost from a BoE hike.
September 19,2017
Sterling needs more than a standalone rate hike to sustain a recovery. A new narrative is needed. One of renewed economic momentum and further hikes to come.
September 18,2017
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