UK’s economic growth showcases a slowdown in its third quarter
This morning, we woke up and saw that UK’s economic growth showcased a slowdown in its third quarter. If we rewind back to the first half of 2024, with Q1 […]
GBP/EUR reaches a 2.5 year high
GBP/EUR reached a 2.5 year high yesterday breaking above the 1.21 mark, 1.2103 to be exact. Recent development in Germany is causing politic uncertainty, with a vote of confidence for […]
Intense Week Of Both Political And Economic Factors Causing Volatility To Markets
After an intense week of both political and economic factors causing volatility to markets. First seeing the results on Wednesday of the US election – being a driver to rally […]
What outcomes could the US Election winner have on markets and economic forecasting?
Yesterday was a quiet day for the market in terms of economic releases. It’s a different story for today, with the decider of the US election – with it being […]
The awaited UK autumn budget finally announced
The awaited UK autumn budget was finally announced yesterday. What a couple of weeks back looked to potentially become an eventful day for markets – in the end was treated […]
Mortgage approvals predicted for a slight down trend in October
Walking into the Tuesday session, we start off with UK mortgage data in the morning. Expectations looks like mortgage approvals are on a slight down trend in October if we […]
Public net borrowing sweeps past official forecasts
Ahead of the UK autumn budget that will be released in the end of this month – we saw public net borrowing sweep past official forecasts. Borrowing rose to 16.6billion […]
Public net borrowing sweeps past official forecasts
Ahead of the UK autumn budget that will be released in the end of this month – we saw public net borrowing sweep past official forecasts. Borrowing rose to 16.6billion […]
ECB lowered their borrowing costs by 25 basis points
ECB lowered their borrowing costs by 25 basis points to a base rate of 3.75% yesterday – which didn’t come as a surprise and markets were unchanged at the announcement. […]
UK Unemployment Rate Improves
This morning we saw a slight improvement for UK unemployment in the last three months leading up to August. ONS (Office for National Statistics) did forecast a level of 4.1% […]