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 - 6/12/2018

A View from the Bridge - December 2015

Who would have predicted that Leicester City bottom of the Premier League at Christmas 2014 with only 10 points from 17 matches would not only escape relegation but would top the Premier League at Christmas 2015?

PegasusCapital - 4/1/2016

A View from the Bridge - September 2015

With the 3rd largest sporting event in the world kicking off this month it’s not been so much about the curved ball as it has been about the slow ball!

PegasusCapital - 1/10/2015

A View from the Bridge - April 2015

Guessing when interest rates might rise is as difficult as predicting which political parties will form the next UK government

PegasusCapital - 30/4/2015

A View from the Bridge - August 2014

The EU leadership have to act quickly on 2 key issues in the coming month as Kiev warns it is on the brink of full-scale war with Moscow

PegasusCapital - 1/9/2014

A View From the Bridge - November 2019

The Bank of England's potential to signal any shift in policy stance due to the downshift in future indicators and inflation has been deferred by the calling of an “emergency” general election. Nonetheless, economic sentiment has fallen to its weakest levels since the 2016 referendum and it is not clear how long the UK consumer can continue to prop up the UK economy. We expect the Bank to downgrade growth and inflation forecasts, leaving the door open to easier policy in the New Year.

PegasusCapital - 5/11/2019