The Consumer price inflation(CPI) in the UK fell to 3.0% in April, down from 3.5% in the previous month. Although this was only marginally faster than the markets had anticipated (consensus 3.1%), this will come as relief to the BOE following last month’s rise in inflation. It is also of symbolic...

The PMI service released by the Markit Economic  is an indicator of the economic situation in the Euro Zone services sector. It captures an overview of the condition of sales and employment. It is worth noting that the service sector does not influence, either positively or negatively, the GDP as much...

The Consumer Price Index  is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. The purchase power of GBP is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends.

After the weekend G8 summit, sentiment on the markets was a little more upbeat yesterday. Markets took some comfort from news out of China that indicated it would fast track approvals for investment in infrastructure projects to combat a slowdown in the economy.

The Net Borrowing released by the National Statistics captures an amount of new debt held by the U.K. governments (the financial deficit in the UK national accounts). Generally speaking, if the Net Borrowing is negative, it means the UK Accounts are surplus, and that should be positive for the GBP.

At the G8 summit this weekend, Greece's political and economic upheaval, together with the growing instability in Spain and Italy, were high on the agenda as leaders sought to calm the situation. World leaders backed keeping Greece in the euro-zone and vowed to take all steps necessary to combat financial turmoil while revitalising...

The potential “Grexit” is killing the markets as they run for safety in the last day of the week. Uncertainty is all over, and regardless of the new elections being held in June 17, investors still don’t want to risk it.

The UK inflation report released yesterday showed that the MPC now expect two-year inflation to be lower despite raising the near term projection. Their central inflation projection for two years ahead is 1.6%, about 0.2% lower than in February.

Greece continues to capture the headlines with agreement expected today on formation of an interim Government and likely announcement of new elections as soon as 10 June. Meanwhile the first meeting between Merkel and Hollande resulted in a joint statement pledging commitment from both to keep Greece in the euro with introduction of...

Political risk events continue to dominate in Europe. The political deadlock continues in Greece although a Greek exit was not discussed at the Euro group meeting held yesterday, nonetheless, suggestions that Greece will leave the euro gained momentum leading to the EU Commission issuing a statement hoping that Greece would...