The Bank of England’s (BoE) latest monthly Trends in Lending report was published last week. The report provides a timely assessment of lending conditions in the UK, and

Financial markets activity remains strong, with the dollar seemingly the focus of a lot of the selling part of this activity. Summary of main changes to exchange & interest

After a run of monthly economic indicators suggesting that the worst of the economic downturn has past, and some stabilisation and improvement in financial markets (accompanied by big

Currency movements in the past month are suggesting doubt about whether the global economy is on a smooth glide path to recovery, the view that many participants had

The pound was buoyed by data this week suggesting the UK could emerge from recession as early as the current quarter. This saw £/$ briefly rally though 1.66

The financial markets have latched on to some positive signs for economic recovery in recent weeks after an unrelenting series of negative news in previous months. Summary of

The minutes of the latest FOMC and BoE interest rate meetings both suggested further asset purchases were possible in the future, putting upward pressure on bond yields. The minutes

A downbeat BoE quarterly Inflation Report, a drop in US retail sales and weak Chinese exports put the breaks on expectations of global economic recovery. Bond yields, swaps fall

A run of better than expected economic data has meant that financial market sentiment has shifted from worrying about how bad the economic downturn is going to be,