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September in the Markets.

Bank of England Reports Published in September 2021

Monthly Decision Maker Panel data – September 2021 – Read the report

The Decision Maker Panel (DMP) is a survey of Chief Financial Officers from small, medium and large UK businesses.

PRA Regulatory Digest – September 2021 – Read the report

The PRA Regulatory Digest is for people working in the UK financial services industry and highlights key regulatory news and publications delivered for the month.

Bank Rate maintained at 0.1% – September 2021 – Read the report

The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment.

Rapid house price growth continues in September, says Nationwide

From: The BBC

Annual house price growth of 10% or more has been recorded for each of the past five months, according to data from the Nationwide.

The UK’s largest building society said that prices in September were up 10% compared with a year earlier, a slight slowdown from 11% in August.

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British Pound Slips After Data, Still Tied to Range. Can GBP/USD Break Out Ahead of FOMC?

From: Daily FX

The Great British Pound moved lower after US and domestic data today. Energy commodities took a breather in the Asian session, as did most equity, bond and currency markets.

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UK Gross Domestic Product Rises More than Expected

From: Daily Forex

According to the United Kingdom’s Office for National Statistics, the country’s GDP increased by 5.5% in the second quarter (quarter-on-quarter), way higher than expectations of a 1.5% decrease and the previous figure of 4.8%.

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Pandemic recovery fuels deal craze as third-quarter M&A breaks all records

From: Reuters

lobal mergers and acquisitions hit new record highs in the third quarter as companies and investors shaped their post-COVID future through transformative deals while their advisers struggled to cope with transaction volumes never seen before.

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Wells Fargo to pay $37.3 mln to settle U.S. claims it fraudulently overcharged customers

Wells Fargo & Co (WFC.N) will pay $37.3 million to settle U.S. government claims it fraudulently overcharged commercial clients on foreign exchange services, the latest in a string of scandals over the bank’s treatment of customers.

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FX Rates in September

GBP/EUR

Sep High: 1.1721
Sep Low: 1.1588
Sep End: 1.1588

 

 

GBP/USD

 

Sep High: 1.3847
Sep Low: 1.3443
Sep End: 1.3443

 

 

EUR/USD

Sep High: 1.1875
Sep Low: 1.1599
Sep End: 1.1599