FXC Terminal

GBP Market News

Forex headlines assembled from multiple corroborating sources and updated as stories develop. Written by the FXC Newsdesk, method explained on how it works.

Updated 3 hours ago
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Monday, Nov 2
15:17 story CNY

Global October Manufacturing PMIs: Asia and Europe Mostly Expand, US ISM Rises to 55.5 as S&P Global Eases to 54.9

Asia and Europe mostly expanded in October. The US ISM manufacturing PMI rose to 55.5, beating forecasts, with production at its highest since November 2021, while...
Friday, Oct 30
21:00 COT weekly AUD

CFTC COT Report, Week to October 27, 2026: Japanese Yen Net Speculative Position Rises 8k

Leveraged funds cut their net short in the yen by 8.3k contracts while extending net shorts in the euro, Canadian dollar, Swiss franc and New Zealand...
Wednesday, Oct 28
16:32 story GBP

UK Autumn Budget Delivers Neutral Fiscal Stance, Little Impact on BOE Rate Hike Bets

Chancellor Healey's UK Autumn Budget on October 28 presented a broadly neutral fiscal stance, with economists noting persistent fiscal risks and limited impact on Bank of...
13:17 story GBP

UK Chancellor Healey Unveils Budget Amid Growth Downgrades and Cost of Living Focus

UK Chancellor John Healey presented his first budget, addressing cost of living pressures while the OBR significantly cut near-term growth forecasts, notably for 2027.
08:30 Daily brief AUD

London Open Briefing: Wednesday, October 28, 2026

London opens with NZDUSD down 1.32% after the RBNZ rate decision. Australian CPI data crossed, and traders look ahead to the UK Annual Budget and BoC...
Sunday, Oct 25
18:00 Daily brief AUD

The Week Ahead in Forex: October 25 to October 30, 2026

The week ahead features key central bank decisions from the RBNZ, BoC, and Fed, alongside Australian CPI data. Traders will monitor these high-impact events.
Friday, Oct 23
21:00 COT weekly AUD

CFTC COT Report, Week to October 20, 2026: British Pound Net Speculative Position Rises 14k

Leveraged funds significantly increased their net long British Pound exposure, while Euro and Canadian Dollar net shorts grew to near 52-week extremes.
13:04 story GBP

UK Private Sector Activity Accelerates in October, PMIs Beat Expectations

The United Kingdom's private sector activity expanded at its fastest pace in eight months during October, with all key Purchasing Managers' Index (PMI) figures surpassing market...
07:30 Daily brief GBP

London Open Briefing: Friday, October 23, 2026

London opens to mixed equity signals and key UK PMI data. Later, US Flash PMIs and Michigan sentiment reports are due.
07:19 story GBP

UK Retail Sales Fall More Than Expected in September, Complicating BoE Outlook

UK retail sales declined by 0.4% month-over-month in September, a larger fall than anticipated, potentially influencing the Bank of England's monetary policy decisions.
Thursday, Oct 22
21:30 Daily brief AUD

Sydney Open Briefing: Friday, October 23, 2026

Sydney opens with caution after overnight declines in JP225 and USTEC. Australian employment and GDP data are key events for the session.
Wednesday, Oct 21
12:30 Daily brief EUR

New York Open Briefing: Wednesday, October 21, 2026

New York opens with a slight risk-on tone. Key speeches from BoE Governor Bailey and ECB President Lagarde are ahead, alongside EIA Crude Oil Stocks data.
07:32 story GBP

UK National Debt Surpasses £3 Trillion as September Deficit Widens Beyond Forecasts

Britain's national debt has exceeded **£3 trillion** for the first time, as September's budget deficit widened more than anticipated, driven by increased debt interest payments.
07:30 Daily brief EUR

London Open Briefing: Wednesday, October 21, 2026

London Open Briefing: European markets open lower. UK CPI surprises higher. BoE Governor Bailey and ECB President Lagarde speeches ahead.
06:30 Event recap GBP

CPI y/y (GBP) comes in at 3.5% against 3.4% consensus

The UK's Consumer Price Index year over year registered 3.5%, exceeding the 3.4% consensus. Initial market reactions show varied movements across GBP pairs.
03:02 story GBP

UK Inflation Jumps to 3.5% in September, Cementing BoE Rate Hike Expectations

The UK's Consumer Price Index for September has been released, showing headline inflation rose by a hotter-than-expected **3.5%** year-on-year. This surge, driven by higher fuel costs,...
Tuesday, Oct 20
23:50 COT weekly AUD

CFTC COT Report, Week to October 13, 2026: Euro Net Speculative Position Falls 29k

Speculators significantly increased their net short Euro positions, reaching a 52-week extreme, while also growing net shorts in Yen and Canadian Dollar.
22:52 story GBP

BoE’s Greene Highlights Stalled Wage Disinflation and Elevated Inflation Risks

Bank of England policymaker Megan Greene recently expressed concerns that UK wage disinflation has stalled, indicating a stronger labor market and heightened inflation risks.
22:51 story GBP

UK Unemployment Unexpectedly Falls to 4.7%, Bolstering BoE Rate Hike Expectations

The UK's unemployment rate unexpectedly dropped to 4.7% in August, defying forecasts and strengthening market expectations for a Bank of England rate hike.
06:00 Event preview GBP

CPI y/y (GBP) preview: Consensus points to accelerating inflation

The UK's Consumer Price Index year-over-year report is due, with market consensus pointing to an increase from the previous **3.1%** reading.