Michel Barnier ousted as Prime Minister as he loses no-confidence vote
Last night we eventually saw Michel Barnier ousted as Prime Minister as he lost the no-confidence vote after his attempt to push through his social security policy came up against […]
Euro has continued to be under pressure ahead of the no-confidence vote against the French Prime Minister
This morning The Euro has continued to be under pressure ahead of the no-confidence vote against the French Prime Minister Michel Barnier. Lawmakers are set to begin debating the social […]
German confidence vote set to take place on January 15th next year
Earlier this morning we saw economic sentiment and consumer confidence for Europe both fare slightly worse again than previous, which shouldn’t come as a surprise when considering the economic difficulties […]
The Reserve Bank of New Zealand cuts interest rates by 50 basis points
Overnight The Reserve Bank of New Zealand cut their interest rates by 50 basis points, bringing their rates down to 4.25%. Surprisingly the New Zealand Dollar rose by almost 1% […]
US Inflation beats expectations to rise
Yesterday we saw US Inflation beat expectations to rise to 2.6% in October, leaving The Federal Reserve with a debate as to whether they cut interest rates in their last […]
Market pressure on the Euro continues over the last 48 hours
Market pressure on the Euro has continued over the last 48 hours as Trump looks increasingly set to implement an America First policy around trade tariffs, which is set to […]
Pound continues its gains against The Euro
The Pound has continued its gains against The Euro as news this morning states that The German Government has collapsed. In recent months, the coalition government between The Social Democrats […]
Pound Sterling falls sharply in the early hours of this morning
Pound Sterling fell sharply in the early hours of this morning by 1.4% against The USD before recovering slightly as it is now a matter of a couple of hours […]
Pound Sterling drops by roughly 1% against both Euro and US Dollar
The fallout from The UK budget earlier this week has seen Pound Sterling drop by roughly 1% against both The Euro and US Dollar as the biggest tax rises in […]
Pound Sterling remains elevated against its major currency peers
All eyes are on the budget, and we’ve seen Pound Sterling remain elevated against its major currency peers as the markets are choosing to focus on potential positives to be […]