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Sterling Rallies as UK Inflation Surges, Dimming Rate Cut Bets

Key Takeaways: *UK inflation rose to its highest level in a year, with core CPI at 3.8% and services inflation hitting 5.4%, both exceeding expectations.Food inflation climbed for the fourth consecutive month, driven by wage and tax pressures on supermarkets. *Traders scale back BoE rate cut bets, pricing in only a 50% chance of aContinue Reading
Written on May 27, 2025 at 3:58 am
Categories: Daily Market Analysis
PU Prime Drives Coastal Restoration Efforts in Thailand

PU Prime, a globally recognised financial services provider, has reaffirmed its commitment to Environmental, Social, and Governance (ESG) principles through a Corporate Social Responsibility (CSR) initiative at the Air and Coastal Defense Command of the Royal Thai Navy (RTN) in Sattahip, Thailand. Held on 22 May 2025, this one-day program focused on restoring coastal ecosystemsContinue Reading
Written on May 26, 2025 at 8:12 am
Categories: ESG
Chart the Market (26/05/2025)

GBP/USD, H4: The British pound extended its bullish run against the U.S. dollar, with GBP/USD hitting 1.35797 on May 26—the highest level since February 2022. The rally follows the completion of an inverse head-and-shoulders formation, confirmed by a decisive breakout above the neckline in mid-May. After a brief consolidation phase, the pair cleared a criticalContinue Reading
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