USD Slumps as Trump’s Tariffs Shake Global Currencies
Yesterday delivered major volatility across several currency pairs, with the USD at the center of much of the disruption. Following Donald Trump’s tariff announcement on Wednesday evening, U.S. equity markets […]
RBA Holds Rates, Eurozone Inflation, and US Economic Signals
The Reserve Bank of Australia (RBA) held interest rates steady at 4.1% this morning, as widely expected. During the press conference that followed, Deputy Governor Michele Bullock indicated a willingness […]
GBP Strengthens on Retail Sales Boost as Markets Await Key US Inflation Data
This morning, the British pound (GBP) has shown strength, breaking through the 1.20 barrier against the euro (EUR) and approaching 1.30 against the U.S. dollar (USD). This rise was fueled […]
GBP Weakens as Retail Sales Decline & Risk Sentiment Weighs on Markets
Tuesday has not got much to offer in terms of economic data releases. We did see at midnight UK retail sales monitor release a down grade for the retail sector […]
Tariffs Disrupt Trade and Currency Movements
Yesterday we could see Donald Trump sign off the agreement to incorporate tariffs on Canada, Mexico and China. Canada and Mexico will now face 25% tariffs on all exported goods […]
UK Housing Boom and Eurozone Struggle
UK housing prices continues it rising pattern for the sixth consecutive month in a row. An increased demand from first time buyers has increased demand for properties, with the stamp-duty […]
UK Retail Rebound and Struggling EUR
Retail sales in the UK recorded strong sales volumes in January, seeing its first monthly rise since August. The retail sector overshot expectations with margin, coming in at 1.7%. Comparing […]
RBA Cuts Rates, UK Economic Growth Strengthens, and Canadian Inflation in Focus
RBA (Reserve Bank of Australia) reduced their interest rate levels by 25 basis point this morning, down to a total base rate of 4.1%. While the monetary action was expected, […]
GBP Struggles Despite Retail Sales Boost – Market Eyes BoE & Fed Speeches
Concerns have been raised in the last few months on how the UK economy is underperforming – which has been noticed on markets with GBP not performing as well as […]
BoE Rate Cut Impacts GBP, UK Housing Prices Surge, and US Jobs Data in Focus
There were no surprises from Bank of England’s decision of cutting interest rates yesterday by 25 basis points, now holding a base rate of 4.5%. Even if it was expected […]