Bank of England Reports Published in June 2023
Latest results from the Decision Maker Panel survey – 2023 Q2 – Read the report
The Decision Maker Panel (DMP) is a survey of Chief Financial Officers from small, medium, and large UK businesses.
UK International Reserves – June 2023 – Read the report
The Bank of England manages the UK’s official reserves on behalf of the Government.
PRA Regulatory Digest – June 2023 – 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.
Thames Water: Customers’ bills will not be affected, says minister
From: The BBC
Health Minister Neil O’Brien has sought to reassure customers of Thames Water over their bills and water supply, amid fears the firm could collapse.
“Absolutely nothing is going to happen in terms of either their bills or their access to water,” he told Sky News.
GBP/USD Prices, charts, and Analysis
From: Daily FX
- UK 2-year gilt yields continue to rally.
- Sterling may struggle against a hawkish ECB.
UK 2-year government bond (gilts) yields are hitting fresh multi-year highs as financial markets continue to price in higher interest rates for longer.
GBP/USD: Weekly Forecast 2nd July – 8th July
From: Daily Forex
The week ended with a bounce upward for the GBP/USD, after suffering a rather stiff fall to lows not seen since the middle of June.
GBP/USD speculators continue to be dealt with a rather challenging trading landscape as July begins. The GBP/USD went into the weekend near the 1.26930 ratios, but this came only after the currency pair hit a low of nearly 1.25920 on Thursday.
Annual UK house prices decline by most since 2009, Nationwide says
From: Reuters
LONDON, June 30 (Reuters) – British house prices fell by the most since 2009 in the 12 months to June, mortgage lender Nationwide said on Friday, although monthly data showed a small, unexpected rise.
Britain’s Tesco launches new round of price cuts
From: Reuters
LONDON, June 30 (Reuters) – Tesco (TSCO.L), Britain’s biggest supermarket, cut the price of more than 500 essential items on Friday, in the latest sign that a surge in grocery inflation will moderate this year.
FX Rates in June
GBP/EUR
June High: 1.1722
June Low: 1.1587
June End: 1.1608
GBP/USD
June High: 1.2817
June Low: 1.2410
June End: 1.2610
EUR/USD
June High: 1.0987
June Low: 1.0676
June End: 1.0860