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For access to your online account please contact your personal account manager, alternatively email team@regencyfx.com.
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For access to your online account please contact your personal account manager, alternatively email team@regencyfx.com.
The ECB hiked their rate to 2.25% last week.
Overnight Japan raised it's rate to 1%. This follows over 20 years of deflation and a negative -0.1% base rate following a crash in most asset classes such as shares and property.
Tomorrow sees the FED release it's decision which looks to be a nailed on hold at 3.75%.
The UK inflation number at breakfast tomorrow could sway the Bank of Englands decision on Thursday, but it's unlikely there will be a change from their 3.75%.
All eyes are now on the peace talks with Iran. Current rhetoric indicate it's a done deal....time will tell over the next 72 hours.
Certainly the markets believe it's over with the price of oil normalising and stability returning to most asset markets.
This is important because inflation was expected to climb sharply if the Iran conflict continued and therefore interest rates were supposed to tick up.
Now the decline in interest rates seen pre conflict may come back to the table, and the global economy might continue to return to more stable conditions.
Watch this space.
Here at Regency FX we've helped our clients through the past couple of months with fixed rate forward contracts and market watching for those with no immediate requirement.
Your dedicated account manager is always on hand to provide assistance.
UK: Wednesday 07:00 Inflation Report
US: Wednesday 18:00 FED Interest Rate Decision
UK: Thursday 12:00 BoE Interest Rate Decision
UK: Thursday 12:00 MPC Vote Count
As ever we look forward to keeping you in the loop and look out for our next update.
Our friendly currency experts are here to assist you and guide you through the markets, we offer a first-class service and even an online platform so you can monitor your transaction in real time.
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