1. 07 Oct, 2016

    BoE Rate Decision this Thursday: "see one, do one, teach one"

    It’s tough training to be a doctor. There’s the sheer volume of stuff you need to know, the famously long hours worked by junior doctors, and the ever-present knowledge that a mistake could have grave consequences – one medicine lecturer I knew used to slap his forehead and exclaim “Doh! You killed another patient!” when a student gave him the wrong answer to a question.

  2. 08 Jan, 2016

    Investec FX – The other side of the Dime

    Global financial markets have been abuzz with opinions since the Federal Reserve raised interest rates in December for the first time in 9 years. Everybody has a view.

  3. 17 Dec, 2015

    FOMC: round up of Janet Yellen's press conference

    Following the FOMC’s decision to raise the Fed funds target by 25bps to 0.25%-0.50%, Fed Chair Janet Yellen hosted a press conference with a Q&A session. For analysis of the move itself and the committee’s accompanying statement, please see our reaction note ‘The start of a gradual normalisation’.

  4. 16 Dec, 2015

    Investec FX - US FOMC - FED up of waiting

    The Fed Funds futures market is currently pricing in a 78% chance of a Fed interest rate hike tomorrow, the first hike since June 2006.

  5. 11 Dec, 2015

    FOMC Preview: Rates to rise, but what does ‘gradual’ mean?

    The FOMC meets on Tuesday and Wednesday next week, with the release of its decision, the accompanying statement and Projection Materials (including the ‘dot plot’ of member interest rate projections) at 19:00 GMT on Wednesday. Below our Economists preview this historic event.

  6. 09 Dec, 2015

    2016 – a world of (gradual and cautious) policy divergence?

    See what our Economists say about how monetary policy divergence will be a key theme for the global economy next year. The US looks set to see rate rises, albeit gradual ones.

  7. 30 Nov, 2015

    Draghi Keeps Yellen’, Payrolls Are Tellin’

    This week could turn out to be one of the most significant weeks for central banks since the inception of the Financial Crisis.

  8. 30 Nov, 2015

    Investec FX – Sterling-Dollar Outlook

    The Sterling-Dollar exchange rate has seen plenty of volatility in the last couple of years, flying high up to the 1.7 mark on UK GDP outperformance and US easing through QE, before tumbling back under 1.5 as the run ups to the Scottish Referendum and General Election caused Sterling weakness at the time the Fed ended QE and started talking about future raising rates.

  9. 12 Nov, 2015

    Investec FX – Pound, Dollars, Euros – where next?

    First in Europe, where ECB President Draghi reacted to continued low inflation and inflation expectations by signalling the ECB’s desire to further its current easy policy stance.

  10. 20 Jul, 2015

    Managing your foreign exchange risk

    In the first three months of 2015, the value of the euro fell 10 per cent against sterling. Since a stronger pound makes UK exports relatively less competitive in other markets, for a company doing business in the Eurozone, such a sizeable move could have had a significant impact on their profitability. Plenty of firms have a profit margin of a similar magnitude.