Sterling Slips as UK Job Market Weakens and Wage Growth Cools
Tuesday set off with unemployment rate and average earnings for the UK. Noticing a lift for the unemployment rate up to 5%, its highest level in 2025. Expectations were that […]
Sterling Slides as Reeves Announces Surprise Income Tax Rise
Sterling fell to its corresponding G10 pairs after Rachel Reeves held an unscheduled announcement confirming that she will raise income taxes, this was one of the main manifesto pledges that […]
Housing Market Slows as Inflation Data Takes Centre Stage
This morning, we saw a slowdown in growth of housing prices month-on-month for the UK. Previous month saw housing prices increase by 0.5% and for this month it was forecasted […]
German Consumer Confidence Dips Ahead of Key Central Bank Meetings
German consumer confidence fell to its lowest levels since back in April this year at a total level of -24.1. Income expectations among German consumers have slumped after continuing geopolitical […]
UK Retail Sales Reach 2022 Highs as Gold and Tech Drive Growth Ahead of US Inflation Data
Retail sales in the UK showing signs of strength and a potential boost for the economy. We saw UK retail sales month-on-month rise by 0.5% in September and after its […]
UK Borrowing Hits Four-Year High as Fiscal Pressures Mount
UK public sector borrowing reached a four year high in September, touching £20.2billion. The timing of this release comes at a difficult time for the UK government, who are currently […]
Markets Turn Risk-Off as US Banking Concerns and Trade Tensions Rise
The end of this week has transitioned into an obvious risk-off sentiment for markets. Traders and investors are seeking out more safer investments. A combination of factors has led to […]
GBP Slips as UK Unemployment Rises
There has been activity on markets in the early session of Tuesday. It all commenced at 7am when UK released unemployment rate. Month-on-month we saw an uplift of 0.1% to […]
Weekly Forex Wrap-Up: USD Strengthens Ahead of Key US and UK Economic Data Releases
The end of this week has been quiet when it comes to economic data releases. Even if there hasn’t been much of economic data, we can continue to see the […]
USD Strengthens Ahead of Key U.S. Data Releases
USD has had a strong week against GBP. Jerome Powell spoke earlier in the week and mentioned the importance to measure inflation levels. This was seen as a little more […]