Financial Markets Review
The Weekly Review is produced by the economics team in our Financial Markets Division. Market news is reviewed – foreign exchange, country, fixed income and the economic effect of news releases are put in context.
This is intended for clients who need to keep abreast of how, and why, the financial markets are shifting.
29 Aug 2008: Concerns about the UK economy weigh on sterling
22 Aug 2008: Sterling falls sharply as UK economy stagnates
15 Aug 2008: Dollar rally continues
8 August 2008: Dollar posts strong gains, oil prices drop
1 August 2008: Bond yields fall on weak growth data
25 July 2008: Euro weighed by weak business surveys, while Dollar supported by lower oil prices
18 July 2008: Bond yields rise as equity markets rebound
11 July 2008: Dollar falls as fears over US mortgage market intensify
4 July 2008: ECB hikes interest rates to 4.25%, equities fall, yields fall
27 June 2008: US Dollar weakens, as oil prices rise to record highs and equities fall
20 June 2008: Sterling supported by strong official retail sales data
13 June 2008: US Dollar supported by hawkish Fed comments
6 June 2008: ECB signals higher interest rates
30 May 2008: Dollar recovers on positive economic data, oil prices drop
23 May 2008: Dollar weakens as oil prices rise and Fed downgrades growth forecast
16 May 2008: Bond yields jump on strong inflation data and BoE warning
9 May 2008: Weak data put Sterling under selling pressure
2 May 2008: US economic data bolsters Dollar sentiment
25 April 2008: Dollar recovers as speculation of US rate cuts falters
18 April 2008 : Sterling recovers on rumours BoE scheme to unblock money markets
11 April 2008: BoE cuts interest rates by 25bp to 5% on credit crisis
4 April 2008: Soft data hint at BoE rate cut next week
28 March 2008: Weak US economic data halt Dollar recovery
20 March 2008: Fed cuts by another 0.75%, signals more still to come
14 March 2008: Credit market fears spark fresh safe-haven buying
7 March 2008: Sterling back above $2 but hits new low vs Euro
29 February 2008: Euro hits all-time highs against the Dollar and Sterling
22 February 2008: The Euro and Pound strengthen, after strong economic data
15 February 2008: Bank of England tempers rate cut expectations
8 February 2008: UK interest rates cut to 5.25%, as market turmoil persists
1 February 2008: US cuts interest rates again, as labour market softens, but Pound weakens
25 January 2008: Emergency US rate cut jolts financial markets
18 January 2008: The Pound rose for the first time in five weeks against the Euro
11 January 2008: Sterling depreciation continues as equities fall
4 January 2008: Sterling hits new low against the Euro
21 December 2007: Sterling falls back below $2 on UK rate outlook
14 December 2007: Dollar strengthens despite US interest rate cut
7 December 2007: Bank of England cuts interest rates
30 November 2007: Equities rebound on prospect of a December US rate cut
23 November 2007: Sterling falls below 1.40 against the euro, yen at 2½ year high versus the dollar
16 November 2007: Sterling falls to four-year low versus the Euro after BoE predicts rate cuts
9 November 2007: Bond yields and equities decline as credit fears persist
2 November 2007: Sterling reaches 26-year high against the dollar
26 October 2007: Dollar hits new lows ahead of US rate decision
19 October 2007: Bond yields fall sharply as US data disappoints
12 October 2007: Bond yields rise on positive economic data, equities extend rebound
5 October 2007: Strong US employment report boosts market interest rates and equities
28 September 2007: Record oil and higher gold price boost commodity currencies
21 September 2007: The Fed’s half-point rate cut stokes inflation concerns
14 September 2007: Global stock markets recover this week
7 September 2007: Dollar declines after a weak US employment report
31 August 2007: Trichet and Bernanke reassure financial markets
24 August 2007: Is the credit market crisis unwinding?
17 August 2007: Fed surprises by cutting discount rate by 0.5% to calm market fears
10 August 2007: Money markets seize up, leading to flight to safety
3 August 2007: Dollar declines as US employment report disappoints
27 July 2007: Safe haven flows support the US Dollar and Yen
20 July 2007: US Dollar drops to new lows on subprime woes
13 July 2007: Dollar extends decline, but equities rally on strong M&A activity
6 July 2007: Bond yields rebound, following strong economic data
29 June 2007: Pound holds above $2, as data showed strong growth
22 June 2007: Pound tests $2 but fails to break through
15 June 2007: Bond market adjustment continued last week
8 June 2007: Jump in US bond yields lifts the Dollar, but equities drop
1 June 2007: Increasingly bright US prospects boost global bond yields and swaps
25 May 2007: Prospects of higher UK interest rates boosts Sterling
18 May 2007: Global bond yields jump on rising equities and China interest rate rise
11 May 2007: Dollar and Yen strengthened, as equities declined, but this began to unravel on Friday
4 May 2007: Currencies rangebound, but equities buoyant ahead of central bank meetings
27 April 2007: €/$ hits a new record high as annualised US Q1 gdp growth slows to 1.3%
20 April 2007: Pound breaches $2 for the first time in 15 years
13 April 2007: Dollar falls for a second week, FTSE-100 at 6½ year high
5 April 2007: Euro hits two-year high vs the Dollar
30 March 2007: Bond yields rise on inflation concerns
23 March 2007: Stock market recovers strongly as Budget released and Sterling gains
16 March 2007: Euro extends gains against Dollar and Sterling
9 March 2007: BoE keeps rates on hold at 5.25%, ECB hikes to 3.75%
2 March 2007: Equity markets correct; Yen rises to 2½ month high
23 February 2007: Yen falls despite Japanese interest rate hike
16 February 2007: Sterling extends decline vs Euro, FTSE closes above 6,400
9 February 2007: UK interest rates left on hold. Sterling weakens, Footsie rises
2 February 2007: US interest rates left on hold, Dollar declines
26 January 2007: Sterling logs 14-year high against US Dollar
19 January 2007: UK Pound boosted by strong economic data
12 January 2007: UK Pound boosted by Bank of England rate rise
5 January 2007: Dollar rebounds at the start of 2007
22 December 2006: Sterling ends the week higher on positive data
15 December 2006: A volatile week for bond yields
8 December 2006: Dollar finds support from stronger US economic data
1 December 2006: Dollar weakens further as US bond yields plunge
24 November 2006: Dollar plummets on central bank diversification talk
17 November 2006: Dollar rebounds despite weaker US inflation data
10 November 2006: Bank of England raises interest rates to five-year high
3 November 2006: Sterling strengthens ahead of Bank of England rate decision
27 October 2006: Disappointing US Q3 gdp growth weighs on dollar
20 October 2006: Sterling outperforms, supported by data and minutes
13 October 2006: Hawkish Fed boosts US Dollar and global bond yields
6 October 2006: UK interest rates held at 4.75%, EU-12 rates rise to 3.25%
29 September 2006: Dollar advances on positive US economic data
22 September 2006: Oil prices fall to $60 per barrel, US bond yields plummet
15 September 2006: Dollar positive sentiment ahead of the G7 meeting
8 September 2006: Dollar and yen cut losses ahead of the G7 Meeting next week
1 September 2006: Sterling strengthens against its main counterparts