Market Update
On Tuesday Boris Johnson suffered a fourth defeat on his Brexit Legislation after members of Parliament’s Upper Chamber voted to protect Children Refugee’s once Britain leaves the European Union. Changes […]
Market Update
Last week Retail Sales figures disappointed coming out weaker at 0.7% against the anticipated 3% rise. Large name retailers across the UK have stressed that December’s sales were the worst […]
Market Update
The British pound fell sharply earlier this week after a BoE policy maker said they ‘would vote for a rate cut unless economic data improved significantly’. With the weaker inflation […]
UK Inflation Dropped To Lowest Since Nov 16
Inflation for the UK has fallen to the lowest level since November 2016; from 1.5% to 1.3%. The Bank of England has a 2% target for inflation which is far […]
Pound Under Pressure
GBP has experienced continued pressure over the past 48 hours due to weak economic data ramping up the calls for the Bank of England to cut interest rates in their […]
Sterling On A Decline
On Monday the pound fell by 0.5% to two and a half week lows against the dollar as poor economic figures increased the chances of the Bank of England cutting […]
The Week Ahead
Last week the pound was in a fairly sideways trend as the main driving force for the markets continued to come from updates of the US and Iran conflict. Over […]
Pound Dropped Off After Carney Comments
Yesterday the British Pound fell to a two-week lows as the head of the BoE Mark Carney stated that an interest-rate cut could still be on the horizon. Carney said […]
Market Update
GBP recovered above 1.32 against USD and 1.18 against EUR due to expectations of The Withdrawal Agreement Bill being passed through the House of Commons within the next few days […]
Positive Start For Sterling
This Morning the pound has started on the right foot and has strengthened against most major currencies. That’s in part because the pound got a boost following the latest UK […]