We are live on Twitter (whoop whoop!) and will be sharing our daily favourite tweets as well as our useful insights into FX and financial markets. #connectedtreasury#birchstonemarkets
Not a good sign when you see CDS prices rise so steeply! CDS is put simply insurance against a business going bankrupt and this is the effective premium rising!
Worth recalling the MPC thought that GDP would rise by 0.1% q/q in Q2. The 0.3% m/m fall in April blows that forecast out of the water - we are now heading for a fall of 0.5-to-0.7% q/q in Q2 (once you factor in the Jubilee). There's now c.0% chance the MPC hikes by 50bp this wk
#Russia Ruble is the world's best currency this year. Has appreciated 36% against the Dollar. What is behind the mysterious rise?https://t.co/VDzd46w5PM via @welt
As the expected interest rate lift-off date draws closer, it gets more important to clarify the policy normalisation path ahead – especially given the complex environment that we are facing. Read my #ECBBlog “Monetary policy normalisation in the euro area” https://t.co/Z7MNwSN3nW
Thank you @IanKingSky @SkyNews for having me on this morning to talk about the @refuaid program backed by business, to ensure refugees can learn english & secure jobs commensurate with experience (& @EnterpriseAlum FX partners @JamesArnold15@BirchstoneMark for the pic!)