GBP Slump Deepens on BoE & Earnings Contraction

by Ashraf Laidi

Aug 13, 2014 14:34

Today's release of UK Q2 earnings growth showing the first contraction in four years couldn't have come at a better time for the Bank of England. As bond markets scaled down expectations for a 2014 interest rate hike, the pound was hit across the board while FTSE-100 pushed higher. Full charts & analysis.

Click To Enlarge

Latest IMTs

• 3 Stocks Against Nasdaq
  by Ashraf Laidi | Feb 13, 2026 17:46
• Revisiting Gold Bugs Ratio
  by Ashraf Laidi | Feb 13, 2026 11:10
• Typical Trading Errors
  by Ashraf Laidi | Feb 12, 2026 10:04
• Trade Tips from Washington DC
  by Ashraf Laidi | Feb 11, 2026 9:56
• The Signal is Finally Here
  by Ashraf Laidi | Feb 10, 2026 11:09