This website uses Google Analytics, Hubspot, and other reputable companies' cookies to collect anonymous information, such as the number of visitors to the site and the most popular pages. GPS makes every effort to anonymize personal data and be compliant with GDPR in Europe and the UK. GPS uses Google Analytics IP anonymizations, which is a technique that Google uses to remove the last octet of an IP address before it is stored in Google Analytics.
Keeping these cookies enabled helps us to improve our website.
Please enable Strictly Necessary Cookies first so that we can save your preferences!
Show details
| Name |
Provider |
Purpose |
Expiration |
|
_ga
|
Google
|
Google Analytics, used to distinguish users
|
2 years
|
|
_ga _
|
Google
|
Used to persist session state.
|
2 years
|
|
__hssrc
|
Hubspot
|
Hubspot Analytics
• Whenever HubSpot changes the session cookie, this cookie is also set to determine if the visitor has restarted their browser.
• If this cookie does not exist when HubSpot manages cookies, it is considered a new session.
• It expires at the end of the session.
|
Session
|
|
__hssc
|
Hubspot
|
Hubspot Analytics
__hssc
• This cookie keeps track of sessions.
• This is used to determine if HubSpot should increment the session number and timestamps in the __hstc cookie.
• It contains the domain, viewCount (increments each pageView in a session), and session start timestamp.
• It expires in 30 minutes.
|
30 minutes
|
|
__hstc
|
Hubspot
|
Hubspot Analytics
__hstc
• The main cookie for tracking visitors.
• It contains the domain, hubspotutk, initial timestamp (first visit), last timestamp (last visit), current timestamp (this visit), and session number (increments for each subsequent session).
|
6 months
|
|
hubspotutk
|
Hubspot
|
Hubspot Analytics
• This cookie keeps track of a visitor's identity.
|
6 months
|
|
__hs_cookie_cat_pref
|
Hubspot
|
Used to record the categories a visitor consented to.
|
6 months
|
|
__hs_opt_in
|
Hubspot
|
Used by the opt-in privacy policy to remember not to ask the visitor to accept cookies again.
• It expires in seven days.
|
7 days
|
|
__hs_opt_out
|
Hubspot
|
Opt out of Hubspot Tracking
• This cookie is set when you give visitors the choice to opt out of cookies.
|
6 months
|
Another day, another drop in the dollar, with greenback losing further ground against its G10 peers as the dollar index fell to its lowest level since August. The post US CPI fall continues, further influenced by month end flows which helped USDJPY fall towards 148. EURUSD is little changed, again consolidating in the mid 1.09’s after attempting to break higher, with the pair running into resistance around 1.0960. GBPUSD continues to trade within its recent range on a 1.26 handle, after attempting to follow EURUSD higher the pair again met resistance around 1.2640.
In an interview yesterday, Bank of England Governor, Andrew Bailey suggested that UK interest rate cuts are unlikely for the “foreseeable future” and warned that the next round of the battle against inflation will be “hard work.” Whilst saying that the recent drop in inflation was “very good news” he cautioned that it is unlikely to be repeated. Inflation is still considerably above the central bank’s target and the governor, and his Chief Economist Huw Pill have highlighted the ongoing risk of sticky inflation, confirming that the MPC would be forced to hike again should inflation pressures return.
Early rate cuts from the ECB are also looking unlikely, with Bundesbank President Joachim Nagel saying that the central bank is not yet at a point where it should consider reducing borrowing costs. In an interview he said, “It would be premature to lower interest rates soon or to speculate about such steps.” We will learn more about the inflationary environment in the euro area in the coming days with the release of October’s inflation report, but it is looking safe to assume that the central bank has concluded its rate hiking campaign and will deliver a second consecutive pause at next month’s policy meeting.
