By Greg Smith on Monday, September 20th, 2021
in Blog, Market Insights
GBP – Bank of England to leave policy unchanged The Bank of England gives a policy update this week follows a slowing of economic activity over the summer months. After the initial surge when restrictions were eased, this deceleration may have more to do with supply constraints. There are two new policymakers – Huw Pill […]
By Vatsal Trivedi on Tuesday, September 14th, 2021
in Blog, Market Insights, Podcasts
Common Mistakes Companies Make with FX Risk Management How to best manage exchange rate volatility is the burning question many businesses who operate internationally face everyday. We discuss the top mistakes that businesses are making with their FX risk management and how you can avoid them. MORE Speaker Greg has been helping businesses succeed in […]
By Greg Smith on Monday, September 13th, 2021
in Blog, Market Insights
GBP – Inflation rebound and Strong employment expected The GDP data last week showed that the economy grew by 0.1% in July. This is much lower than the 1% rise in June, and lower than markets expected. Following the very strong growth rate in the second quarter as the economy reopened, a slowdown was expected […]
By Greg Smith on Monday, September 6th, 2021
in Blog, Market Insights
GBP – Strong growth expected to moderate Economic growth has been strong and this is expected to continue. The rate of growth is likely to be at more ‘normal’ rates through the second half of the year. In the second quarter, GDP increased by 4.8% as reopening boosted output, particularly in hospitality. The Bank of […]
By Greg Smith on Tuesday, August 31st, 2021
in Blog, Market Insights
GBP – Services PMI shows surprising drop The data calendar is light in this shorter bank holiday week. The Lloyds Business Barometer will give an update on business sentiment. Confidence reached a three-year high in May. Since then it has not changed much as firms weigh up their own situation and the broader economic outlook. […]
By Greg Smith on Monday, August 23rd, 2021
in Blog, Market Insights
GBP – Sterling falls on weaker data The pound has been on the back foot over the last week, following some weaker data. Against the US dollar, there has also been demand for the US currency as a safe haven. The fall in inflation back to the 2% target level was not entirely unexpected and […]
By Greg Smith on Monday, August 16th, 2021
in Blog, Market Insights
GBP – Inflation to fall before a push higher One of the most anticipated pieces of data this week will be the inflation figures. CPI inflation increased from 0.4% in February to 2.5% in June. We expect it to move higher over the coming months. The Bank of England’s recent update forecast inflation moving up […]
By Vatsal Trivedi on Thursday, August 12th, 2021
in Blog, Market Insights, Podcasts
Trade Finance In The Current Environment The Covid-19 pandemic continues to wreak havoc on trade finance for businesses. Barry Rogers discusses the issues and options available to businesses in these challenging times. International Business Experts, Greg Smith and Barry Rogers from ABL Advisory discuss trade finance in the current environment. To listen to it, click […]
By Greg Smith on Monday, August 9th, 2021
in Blog, Market Insights
GBP – BoE hold but increase inflation forecasts As expected, last week, the Bank of England held interest rates at 0.1% and asset purchases at £895bn to be completed this year. There was a single dissenter, Michael Saunders, who favoured an early end to QE. The BoE did revise its inflation forecasts, with inflation expected […]
By Greg Smith on Monday, August 2nd, 2021
in Blog, Market Insights
GBP – Bank of England may give advanced guidance This week the Bank of England will provide an update though no change in policy is expected. There may well be debate over the QE programme. Recent speeches have highlighted concerns about the recent inflation rises. We may see one or two votes to reduce the […]
