Analysis

Burberry’s share price has halved over the past year despite rising national wages potentially boosting consumer spending.  The luxury brand now rests around 1,200 just above decade-old support levels that if broken could result in a further move down. UK Nominal Wage Growth Better Than Expected In the UK, wages are rising again. Latest data

The thorny question of what the Bank of England should do with the Base Rate has been answered today. Nothing. According to the BoE monetary meeting report published today, the central bank voted 7-2 to hold the interest rate unchanged at 5.25 percent. This means that the Base Rate has been held at a restrictive

As the fervour of local elections passed, investors turn their attention back to macroeconomic data. On Tuesday, one of the more important updates to hit the screen concerns property. Specifically, Halifax, the mortgage lender, assessed that the national average house price rose by 1.1 percent on an annual basis. This brings the average house price to

The yen has historically been one of the most actively traded currencies in the world. It’s played the role of a foil for the US dollar, a safe haven in times of stress, and often as not it’s been the funding currency for carry trades, thanks to its low and sometimes negative interest rates. Times

These are interesting times for Japan, which is entering a period of transition. As the central bank abandons negative interest rates and yield curve control and begins to normalise its monetary policy. This being Japan, however, nothing will happen quickly. Nonetheless, change is underway. What that change will mean for Japanese equities is not immediately