News

Morning Report: 29 June 2018

GBP. Sterling reached a fresh 2018 low against the US dollar yesterday, as markets continue to grind the currency lower across the board. Despite this, the pound has started today’s session on the front foot ahead of the EU summit’s discussions on Brexit progress- or rather, the lack of. With no solution to the Irish […]

Read more

Morning Report: 28 June 2018

GBP. Sterling posted further losses against the dollar yesterday, falling almost a percent, whilst also losing ground against the euro. Yesterday’s release by the Bank of England of the semi-annual Financial Stability Report was actually fairly uneventful, with the headline takeaways being that the banking system could withstand a disorderly Brexit, meaning that the Bank […]

Read more

Morning Report: 28 June 2018

GBP. Sterling posted further losses against the dollar yesterday, falling almost a percent, whilst also losing ground against the euro. Yesterday’s release by the Bank of England of the semi-annual Financial Stability Report was actually fairly uneventful, with the headline takeaways being that the banking system could withstand a disorderly Brexit, meaning that the Bank […]

Read more

Morning Report: 27 June 2018

GBP. Sterling nearly fell half a percentage point against the dollar yesterday whilst making minor gains against the euro. Most of sterling’s losses came after Jonathan Haskel, the man to replace the hawkish Ian McCafferty in the Monetary Policy Committee, answered questions from the Treasury Committee. With Haskel not explicitly taking a hawkish stance when […]

Read more

Morning Report: 27 June 2018

GBP. Sterling nearly fell half a percentage point against the dollar yesterday whilst making minor gains against the euro. Most of sterling’s losses came after Jonathan Haskel, the man to replace the hawkish Ian McCafferty in the Monetary Policy Committee, answered questions from the Treasury Committee. With Haskel not explicitly taking a hawkish stance when […]

Read more

Morning Report: 26 June 2018

GBP. Sterling rallied against the dollar but posted losses versus the euro yesterday. The movement came despite little data released and few positive UK headlines. Investors wait and see if Jonathan Haskel, the man to replace the Monetary Policy Committee’s hawk that is Ian McCafferty, will give any sign of his monetary policy stance when […]

Read more

Morning Report: 25 June 2018

GBP. Sterling made minor gains on Friday but ultimately lost out to the dollar over the whole week. There is little top-tier data released this week, with April’s index of services due Friday morning along with the final reading of GDP for Q1. The Bank of England’s Financial Stability Report is scheduled to be released […]

Read more

Morning Report: 25 June 2018

GBP. Sterling made minor gains on Friday but ultimately lost out to the dollar over the whole week. There is little top-tier data released this week, with April’s index of services due Friday morning along with the final reading of GDP for Q1. The Bank of England’s Financial Stability Report is scheduled to be released […]

Read more

Morning Report: 22 June 2018

GBP. Sterling made some much-needed gains against the dollar yesterday after carving out fresh lows for the year over the past few days. A change in voting behaviour from the Bank of England’s Chief Economist, Andy Haldane, who voted for rates to increase, started sterling’s rally yesterday. The confidence with which the MPC has made […]

Read more

Morning Report: 21 June 2018

GBP. Sterling hosted a rally against USD in the afternoon of yesterday’s session, but proved to lack the legs to see the day out, ultimately ending flat versus the dollar. Yesterday, Theresa May won the House of Commons vote which saw the removal of the House of Lords amendment to include a “meaningful vote” in […]

Read more
Ranko Berich

Ranko Berich

Ranko Berich is Head of Market Analysis at Monex Europe & Monex Canada. He is a respected macroeconomic commentator, combining incisive market insight with a deep understanding of global economic and political events.

Ranko leads our team of analysts, providing commentary and insight on the markets as news breaks.

Receive the report

Site edition

English
Français