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Colum Gildea

Recent Posts

Euro on the backfoot versus British Pound

The EUR continued its downward trajectory versus the British Pound this week as the currency fell for a seventh consecutive week. The GBP/EUR cross has pushed to a 2-year high topping 1.2033 intraday..

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Fed releases monthly December minutes

Minutes from the Federal Reserve’s monthly December meeting showed Fed officials’ increasing desire for a faster path of interest rate hikes and a shrinking of the bank’s $8.8 trillion balance sheet...

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Central Banks Meet Again

It was a tale of two central bank meetings today as both the Bank of England (BOE) and the European Central Bank (ECB) announced their monetary policy decisions. In somewhat of a surprise the BOE..

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The Omnicron Flip-Flop

Michael Saunders, a monetary policy committee member at the Bank of England, who last month voted to tighten policy and raise interest rates, has suggested there could be advantages on waiting for..

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New Virus New Threat

After what seemed like a quiet week, financial markets exploded into life as the threat of a new Coronavirus mutation, called B.1.1.529, emerged from southern Africa. This sent markets into a..

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