Sterling Strengthens as UK GDP Beats Expectations
UK GDP has provided Sterling with further support as the economy rebounded in June. Figures show the economy grew by 0.4% month-on-month, crucially bringing a halt to a run of […]
Central Banks Hold Steady Amid Diverging Economic Signals
The Federal Reserve kept interest rates unchanged for a fifth consecutive meeting which was largely unsurprising. However, the division within the central bank deepens as two Fed Governors voted against […]
Sterling Surges on US-Europe Trade Deal as Central Banks Hold Steady
Trade relief off the back of The U.S/Europe trade deal has seen Pound Sterling experience it’s biggest daily gain since April. European stock markets as well as The Euro fell […]
Pound Strengthens as EU-US Trade Deal Progresses and ECB Decision Looms
Pound-Euro has been helped further over the past 24 hours as details of a pending trade deal between the U.S & Europe is getting closer to being agreed. Reports suggest […]
Dollar Slips as Trade Deal with Japan Eases Global Uncertainty
The story of this morning is Trump’s announcement of a trade deal with Japan which has relieved concerns of a potential full-blown global trade war. Trump detailed a tariff rate […]
Surprise UK Inflation Spike Adds Pressure to Bank of England
UK Inflation has yet again surprised markets this morning, rising to 3.6% as economic troubles continue. This unexpected rise in inflation has now given The Bank of England a headache […]
Fed Minutes Hint at Delayed Cuts as Copper Tariffs Shake Markets
Last night we had The Federal Reserve meeting minutes from June’s meeting where just a few members backed an interest rate cut this month. Although concerns around inflation coupled with […]
Sterling Slips Amid UK Economic Uncertainty & Market Focus on US Jobs Data
Pound Sterling has fallen against both the Euro and US Dollar over the past 24 hours as markets have digested what seems to be a lack of confidence from investors […]
Dollar Hits 3-Year Low Amid Trump vs. Powell Rate Clash
The US Dollar has slipped to more than a 3-year low as Donald Trump has doubled down on his calls for lower interest rates, criticising Fed Chairman Jerome Powell in […]
Ceasefire Cools Markets: USD Weakens as Fed Hints at Earlier Rate Cuts
US Dollar struggles have continued through this morning as the ceasefire in The Middle East looks to have eased tensions in the region. Over the weekend and into this week, […]