Tag: US TIC data
-
Rates Spark: Sterling Rates and US TIC Data
Overview: Sterling Back on the Move Sterling has cooled after a stronger run in recent weeks, as traders reassess the balance of risks facing the UK economy. A softer perception of the domestic outlook, particularly around the labor market, has tempered some of the early gains. Yet, the latest batch of monthly GDP data brought…
-
Rates Spark: Sterling rates and US TIC data
Rate Sparks in the UK: Sterling slips amid mixed signals After a period of relative reprieve, sterling rates are once again catching the attention of traders. The currency has softened from recent highs as uncertainty around the UK’s economic trajectory returns to the fore. A rethink of the domestic outlook—especially on employment and productivity—appears likely…