"Next week’s MPC meeting will be impossible to call as the effect of the growing number of cases of the Omicron variant cast doubts in the minds of its members.

The mood was summed up not by the concerns voiced by Deputy Governor Ben Broadbent but by his general mood of helplessness.

His attitude illustrated perfectly the fact that a decision that binds the Bank for any period of time longer than a month will be impossible to make.

There have been differing views expressed by the scientific community globally about the variant. Some say that it is more virulent than the Delta variant, some say less, some say the current vaccines will work, others say they will need to be tweaked.

The reactions that have been seen in several cities across Europe to the return of lockdown measures show just how tired and yet easily incensed the public are becoming.

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Aims to provide deep insights into the political and economic events worldwide that can cause currencies to change and how this can affect your FX Exposure.