Posts Tagged ‘Starmer’
Markets Start the Week Cautiously as UK Politics, Middle East Tensions and Inflation Risks Drive FX Moves
GBP – Political uncertainty keeps Sterling under pressure The Pound started the week slightly weaker, particularly against the Euro, as markets reacted to fresh political uncertainty in the UK. Labour’s poor local election results have increased pressure on Prime Minister Keir Starmer, with growing speculation around his leadership and the future direction of government policy.…
Read MorePound Resilient Amid Tariff Tensions and Central Bank Shifts
GBP The Pound held firm last week, supported by comments from Bank of England (BoE) Deputy Governor Dave Ramsden, who emphasised the need for a gradual approach to rate cuts. Investors continue to expect the BoE’s easing cycle to be more measured than other major central banks, with markets pricing in two rate cuts this…
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