Pegasus Capital

£ LIBOR spreads to implied BOE rate close in on 2016 high

The £ 3mth LIBOR fix has been moving higher without any notion of change to BOE rate. As rates have been moving up generally, and there is always additional premium across the year-end turn, it is easy to overlook that higher credit risk is now appearing in the £ LIBOR fix

PegasusCapital - 06/12/2018

UK petrol prices look set to fall, with not immaterial effect on RPI

Petrol & Oil currently make up 35 parts per 1000 within the RPI according to the ONS, or 3.5% of the Index. The weighting within the CPI index is lower, nearer 22 parts per 1000 or 2.2% of the index

PegasusCapital - 21/11/2018

A View from the Bridge - May 2024

The Bank of England were not expected to move policy rates at today’s meeting so the focus for markets was on the updated quarterly forecasts for growth and inflation along with the accompanying minutes of the two-day policy meeting.

PegasusCapital - 24/05/2024