Retail Sales Data Sparks Uncertainty While US Jobs Report Takes Centre Stage

Delayed UK retail sales that were supposed to be released two weeks back, came out this morning. Initially forecasted at a level of 0.2%, we did see an uplift to […]
Sterling Slides as UK Bond Yields Hit 25-Year Highs

Sterling opens in red to both EUR and USD this morning with mounting concerns for the government and their bond yields. Yield levels reaching its highest level since 1998 of […]
ONS Delay Japan Inflation Falls Powell Speech in Focus

What was supposed to be a morning of UK retail sales, will now take place on the 5th of September. This was announced two days ago, as The Office for […]
Trade Truce Extended, UK Job Market Holds Steady, and US Inflation in Focus

What was supposed to be the final day of the trade truce between the US and China, has now been extended by another 90 days. Markets did see this as […]
Sterling Rises on BoE Split Decision as Tariff Tensions Escalate

It did not come to anyone surprise that Bank of England did lower its interest rate by a quarter of a percent yesterday. Now sitting at a base rate of […]
Eurozone PMI Rebounds as UK Services Contract Ahead of BoE Rate Decision

A bundle of basket for PMI services were released this morning from the Euro zone. An overall uplift for the Euro zone to its previous month, seeing an improved performance […]
UK Retail Sales Rebound Falls Short, GBP/EUR Hits 3-Month Low

After UK retail sales backlash in May of -2.8%, we did see an uplift for June. Month-on-month grew by 0.9%, short of its forecast of 1.2%. The warm weather had […]
Inflation Eases in Japan and Germany as US Housing Data Awaits

After a week seeing GBP in red since the start of Monday, we have now reached Friday. The Friday session started off with core inflation and inflation rate for Japan. […]
UK GDP Contracts Again: Pressure Mounts on BoE as Growth Falters

We noticed a second consecutive contraction for economic growth in the UK this morning. After a sharp fall back in April of -0.3%, forecast suggested an uplift of 0.1% in […]
UK Housing Prices Fall While GBP Strengthens Amid Mixed Global Signals

UK housing prices fell by 0.8% in June, its largest drop in two years. Experts within the market did calm down speculations concerning the movement for the UK housing market. […]