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25 Oct 2022

GBP/USD to slump to around 1.0600 by Q1-2023 – Wells Fargo

Economists at Wells Fargo expect significant weakness in the pound, targeting a GBP/USD low around 1.0600 in early 2023.

BoE to under-deliver on monetary tightening

“Although political and policy uncertainty may be reduced to some extent by the change in leadership and reversal of fiscal stimulus proposals, the outlook for the U.K. economy remains challenging.”

“Not only do we expect UK recession, but we also forecast the Bank of England will raise policy rates less than market participants currently expect – the combination of which could see the pound drop to around 1.0600 by Q1-2023.”

Oct 25, 2022

What can be done to prevent capital from shifting from the eurozone to the US? – Natixis

Financial investors and companies are better to invest in the United States than in the eurozone for several reasons. How can this trend be corrected?
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Oct 25, 2022

Germany’s Habeck: Expect the gas price mechanism decision at the next EU Council

Germany’s Economy Minister Robert Habeck said on Tuesday that they “expect the gas price mechanism decision at the next EU Council.” “Joint EU purchas
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