The post British Pound: UK faces tighter policy and sticky inflation – BNP Paribas appeared on BitcoinEthereumNews.com.
BNP Paribas expects UK economic growth to slow to 0.7% in 2026 from 1.4% in 2025, with quarterly momentum dropping to about 0.1%. Inflation is projected to rise to 3.4% before easing only gradually, keeping it above the BoE target. Monetary policy is seen tightening by 50 bps in 2026, while 10-year gilt yields stay elevated before falling to 4.30% in 2027. Growth slowdown and delayed relief for gilt yields “Economic activity is expected to slow down in 2026, with growth limited to 0.7% after 1.4% in 2025; following a forecasted +0.4% q/q in Q1, the average quarterly pace would fall to around +0.1%.” “This slowdown would occur against a backdrop of renewed inflationary pressures triggered by the war in Iran: inflation would reach 3.4% y/y before easing only gradually to 3.23% y/y in 2027, remaining well above BoE’s target.” “In this context, and contrary to the initial
Confidence around Bitcoin’s long-term outlook continues to build as the market looks ahead to 2026. Analysts point to increased institutional adoption, tighter supply dynamics, and growing acceptance of Bitcoin as a store of value as reasons the flagship cryptocurrency could continue climbing. At the same time, a different conversation is gaining momentum—whether emerging AI-focused tokens […]
The post Bitcoin Bull Case Strengthens for 2026, but Analysts Say AI Tokens Like Ozak AI May Deliver Higher ROI appeared first on Live Bitcoin News.
The post Euro: Supported by ECB hikes and AI investment – BNP Paribas appeared on BitcoinEthereumNews.com.
BNP Paribas projects Eurozone Gross Domestic Product (GDP) growth slowing from 1.5% in 2025 to 1.0% in 2026 and 1.3% in 2027, with inflation rebounding to 3.0% and 3.3%. Activity is seen withstanding the energy shock thanks to investment in defence, AI and electrification. The European Central Bank (ECB) is expected to deliver two 25 bp hikes in 2026, while EUR/USD is forecast at 1.21 by Q4 2026 and 1.25 by Q4 2027. Eurozone growth slows but stays resilient “Eurozone growth would slow due to spillovers from the Middle East conflict.” “GDP growth, which reached 1.5% in 2025, would slow down to 1.0% in 2026 and 1.3% in 2027, while inflation would rebound to 3.0% in 2026 and 3.3% in 2027 (compared to 2.1% in 2025).” “Activity would nevertheless withstand the energy shock, supported by investment in defence, AI, and electrification, which should continue to boost intra-EU trade.” “As
The post Czech Koruna: Polish CPI surprise complicates CNB path – Commerzbank appeared on BitcoinEthereumNews.com.
Commerzbank’s Tatha Ghose highlights that a downside surprise in Poland’s May flash Consumer Price Index (CPI) contrasts with earlier Czech inflation acceleration that had pointed to Czech National Bank (CNB) tightening on 18 June. Softer Polish food and energy prices may foreshadow similar moderation in Czech data. This interplay makes the upcoming CNB decision more finely balanced as regional inflation dynamics shift. Polish CPI twist for Czech policy “On Friday, we wrote about the clear acceleration of Czech CPI and PPI in April, which puts pressure on the Czech National Bank (CNB) to hike rates at their 18 June meeting.” “Since then, however, Poland’s flash CPI report for May landed as a clear downside surprise. This will cool off any lingering discussion about near-term tightening by the Polish central bank (NBP) at least.” “We can see that the broader trends have bee
The post British Pound rises even as BoE’s Bailey signals no rush for interest rate hikes appeared on BitcoinEthereumNews.com.
The British Pound (GBP) trades higher against its major currency peers, but is broadly flat around 1.3455 against the US Dollar (USD), during the European trading session on Monday. The United Kingdom (UK) currency gains even as Bank of England (BoE) Governor Andrew Bailey has signaled that the central bank does not need to rush for interest rate hikes, while warning that the Middle East conflict-led shock has raised concerns over the economic outlook. Pound Sterling Price Today The table below shows the percentage change of British Pound (GBP) against listed major currencies today. British Pound was the strongest against the New Zealand Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD 0.00% -0.08% 0.13% 0.13% 0.04% 0.34% 0.27% EUR -0.01% -0.08% 0.09% 0.14% 0.08% 0.34% 0.25% GBP 0.08% 0.08% 0.17% 0.19% 0.10% 0.39% 0.31% JPY -0.13% -0.09% -0.17% 0.02% -0.07% 0.23% 0.
The post British Pound holds near one-month top vs weak JPY, below 215.00 appeared on BitcoinEthereumNews.com.
The GBP/JPY cross attracts some follow-through buyers at the start of a new week and climbs to a one-month peak during the early European session. Spot prices, however, remain below the 215.00 psychological mark. Moreover, the mixed fundamental backdrop warrants some caution before positioning for any further appreciating move. Data released earlier today showed that Japan’s corporate Capital Spending flatlined in the first quarter, falling short of market expectations and marking a sharp deceleration from the 6.5% YoY rise seen in the final quarter of 2025. This comes on top of economic concerns stemming from the Middle East conflict and the continued energy supply disruption through the Strait of Hormuz, which undermines the Japanese Yen (JPY) and acts as a tailwind for the USD/JPY pair. Meanwhile, traders pushed back expectations for the likely timing of the next interest r
Chinese banks' shift to net borrowing may signal a gradual tightening of monetary policy, potentially impacting short-term debt yields.
The post Chinese banks turn net borrowers of short-term funds, signaling liquidity glut is easing appeared first on Crypto Briefing.
The post Euro holds losses against British Pound after Germany’s Retail Sales data appeared on BitcoinEthereumNews.com.
The EUR/GBP cross trades in negative territory near 0.8655 during the early European trading hours on Monday. The Euro (EUR) remains weak against the British Pound (GBP) following the upbeat German Retail Sales data. The preliminary reading of the Harmonized Index of Consumer Prices (HICP) from the Eurozone will be released on Tuesday. Data released by Destatis on Monday showed that German Retail Sales, a key measure of consumer spending, fell 0.3% MoM in April. This figure followed a fall of 0.3% (revised from -2.0%) and came in better than the market expectation of a 0.4% decrease. On an annualized basis, Retail Sales dropped 0.3% in April, versus the prior release of a 0.2% decline (revised from -2.0%). The German economic data fails to boost the EUR in an immediate reaction. On the UK’s front, BoE governor Andrew Bailey said on Friday that the UK central bank
