UK Growth Downgrade and Sterling Rebounds
A quick recap on yesterday’s budget, with the main takeaways being that real GDP growth for 2025 has been downgraded to 1% (notably from 2%) from initial predictions in the […]
Sterling Drops as Euro Strengthens Ahead of ECB Decision & US Jobs Data
Pound Sterling suffered its biggest daily decline yesterday in five months, falling a total of 1.5% against The Euro this week. This was after the German government committed to multi-billion […]
USD Tumbles as Trade War Fears Rise
Trump and Tariffs are the themes of the market right now, and the backlash from these tariffs has sent The US Dollar tumbling across the board. The Dollar in general […]
Market Volatility Rises as Trump’s Tariff Plans Shake Global Currencies
New comments made from Donald Trump surrounding the implementation of tariffs on Canada & Mexico to now be introduced from April 2nd has seen GBP/CAD reach the highest levels since 2018. […]
Fed’s Inflation Stance, Trump’s Tariffs & Global Trade Concerns
Federal Reserve minutes from their January meeting pressed home the fact that officials feel the need to see inflation continue to fall before committing to lowering interest rates further. On […]
Pound Sterling Hits 2025 Highs as Inflation Surges
Pound Sterling is now boasting 2025 highs against the Euro, with the rate being at its best level since January 2nd, due to inflation surprising markets and showing that the […]
Rising US Inflation Challenges Rate Cut Hopes
US Inflation released yesterday showed an unexpected rise in January with figures climbing to 3% to hit its highest level in six months. This unexpected rise comes one week after […]
Trade War Tensions and Economic Uncertainty Shape Global Outlook
Markets are fairly steady currently, amid Trade War jitters with Donald Trump officially imposing a 25% tariff on all steel and aluminium imports into the US earlier this week. With […]
US Job Growth Boosts Dollar and BoE Rate Cuts Loom Over Sterling
Yesterday we saw ADP Employment Change figures released in The US for January, with 183,000 extra jobs being created from previously. This was an extra 33,000 than forecast and brought […]
Euro Rebounds as Tariff Fears Ease
Trump tariff unpredictability has led to a recovery for the Euro against the US Dollar, regaining 2% to climb above 1.04 since Monday. The currency pair had initially dropped to […]