10th January 2025

  • UK’s Market Woes Shift to Pound With Currency at One-Year Low

Gilt yields hover around multi-year highs on fiscal concerns

Pound’s drop is a signal of capital flight, says M&G’s Sun-Wai

https://blinks.bloomberg.com/news/stories/SPTUE6T0G1KW

  • Bond Turmoil Raises Prospect of Slower Bank of England Rate Cuts

Economists say BOE must display iron grip over inflation

Sterling has fallen on worries over UK debt and weak growth

https://blinks.bloomberg.com/news/stories/SPTW8FT0G1KW

  • US Payrolls Growth Forecast of 165,000 Seen Enabling Fed Pause

Forecasters see employers adding 165,000 jobs in December

Unemployment rate projected to remain unchanged at 4.2%

https://blinks.bloomberg.com/news/stories/SPTT7UT0G1KW

  • Fed Officials Signal Interest Rates Likely on Hold for a While

Fed presidents Collins, Schmid, Harker cite need for patience

Governor Bowman also calls for caution over inflation risks

https://blinks.bloomberg.com/news/stories/SPU6CST0G1KW

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