Sticky Inflation & Strong UK Growth Keep Rate Debate Alive
U.S Producer Price Inflation shot up against expectations yesterday, overperforming by 1.2% which has been put down largely to the impacts from the Middle Eastern conflict. Figures were expected to […]
Dollar Surges as Inflation Jumps and Middle East Tensions Escalate
The U.S Dollar had its best day in almost 2 weeks yesterday as expectations for interest rate hikes increased off the back of yesterday’s inflation release. The Dollar also benefitted […]
Dollar Slips as Iran Deal Progress Weighs on Oil Prices
This morning has seen the US Dollar lose some momentum as Donald Trump stated last night that the operation Project Freedom will be paused as a deal with Iran edges […]
Dollar Strengthens Amid Iran Tensions and Rate Cut Uncertainty
The US Dollar has regained ground this morning against both Euro and Sterling overnight as traders are seemingly concerned about the next round of negotiating talks between Tehran & The […]
UK Inflation Jumps as Fuel Prices Surge Amid Middle East Tensions
UK Inflation for March climbed sharply as motor fuel prices pushed the released figure to 3.3%, notably up from February’s 3% release. The more concerning nature of this release is […]
UK Growth Beats Expectations but Pound Remains Subdued
The UK economy expanded more than expected in February, with the 0.5% growth exceeding initial forecasts of 0.1% growth. The main driving force behind the growth was due to both […]
Dollar Eases as Middle East Talks Boost Market Sentiment
Optimism for a de-escalation in the Middle Eastern conflict is growing after U.S President Donald Trump stated yesterday that more talks could be happening over the next two days in […]
Oil Prices Rise on Middle East Tensions Ahead of US Data
Israeli strikes on Lebanon throughout the course of yesterday have led to a rebound of more than 2% on Oil prices as there seem to be conflicting signals over whether […]
Oil Prices Plunge as Ceasefire Hopes Lift Markets
Oil prices this morning have dropped almost 15% after Donald Trump agreed a two-week ceasefire with Iran. Crucially Iran has also shown a willingness to bring de-escalation to the current […]
Geopolitical Tensions Drive Oil Higher Ahead of Crucial US Payroll Release
Oil prices have again climbed higher this morning after Donald Trump effectively dashed any hopes of ending the conflict in The Middle East, which has now reached its fifth week. […]