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For access to your online account please contact your personal account manager, alternatively email team@regencyfx.com.
After the sluggish GDP numbers from the UK yesterday it's expected the Bank of England won't hike rates next time around.
The Bank of England now looks to be in a real balancing act between combating inflation and stimulating the economy. The main lever it has to push and pull is the interest rate. Push too hard to lower inflation and the economy could suffer, pull too hard and inflation could remain rampant.
From a consumer perspective it looks like the top has either been reached or is close for interest rate hikes.
US inflation numbers yesterday didn't add much to the mix coming in slightly higher than expected at 3.7%.
Today it's speeches by a couple of big hitters. The Governor of the BoE, Andrew Bailey, and the President of the ECB, Christine Lagarde. Expect the BoE to defend itself versus the gloomy forecast from the IMF earlier in the week.
Business news remain relatively light today outside of those speeches. However Monday could open with a high degree of volatility as the IMF meeting continues with a whole raft of speeches scheduled over the weekend by central bank members from around the world.
UK: 09:00 BoE's Andrew Bailey Speech
EUR: 14:00 ECB's Christine Lagarde Speech
Global: Weekend Central Bank Speeches
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