Matthew Andrews

Dec 3, 2024 | news.torfx.com | Matthew Andrews

Pound (GBP) dented by downbeat PMIThe pound (GBP) faced some pressure yesterday after the UK’s final manufacturing PMI was revised lower to show a larger contraction in activity. However, Sterling held steady against some of its weaker peers despite the downbeat PMI. Looking ahead, the UK calendar is quiet today. Therefore, GBP movement may be muted.

Nov 18, 2024 | news.torfx.com | Matthew Andrews

Pound (GBP)The UK’s latest consumer price index will be a key focus this week. Bank of England (BoE) interest rate cut expectations are likely to weaken if inflation rose as sharply as forecast in October. This, in turn, is likely to propel the pound (GBP) higher. Euro (EUR)The release of the Eurozone’s latest PMIs will be in the spotlight for EUR investors this week. If November’s preliminary figures point to continued weakness in the bloc’s private sector, the euro (EUR) is likely to tumble.

Nov 4, 2024 | psuvanguard.com | Sarah Applin |Matthew Andrews |Andrew Jankowski

Through a message to fans written in an iPhone’s notes app on Aug. 23, Singer and Songwriter Chappell Roan sparked significant dialogue about the nature of celebrities and the dynamics of fan interactions—particularly concerning the boundaries of consent and emotional labor. This message instigated immediate backlash for Chappell Roan, with many fans taking the boundaries set in place and weaponizing them against Chappell Roan.

Oct 24, 2024 | news.torfx.com | Matthew Andrews

Pound (GBP) dented by budget jittersThe pound (GBP) struggled to attract support during yesterday’s session amid ongoing concern over the UK’s upcoming budget. GBP investors remain concerned by potential tax hikes in the Autumn Budget, despite it reportedly receiving the backing of the Lloyds Banking Group. Today, GBP investors will be focused on the latest PMI results.

Oct 22, 2024 | news.torfx.com | Matthew Andrews

Pound (GBP) subdued amid tax hike speculationThe pound (GBP) traded sideways at the start of this week’s session, as GBP investors grew increasingly wary of the UK’s upcoming Autumn Budget. Markets are particularly concerned by reports that Chancellor Rachel Reeves will unveil several tax hikes on 30 October. A speech by Bank of England (BoE) Governor Andrew Bailey will be a key focus for GBP investors today.