Manufacturing PMI fall to lowest since 2012
British factory output fell in December at the fastest rate since 2012 as a tepid global economy hurt demand and businesses further reduced stocks of goods they had built up […]
New Year, Same Brexit!
Boris Johnson said he would bring his divided nation back together when Britain leaves the European Union, telling Britons they were set for a “fantastic year and a remarkable decade”. […]
British Pound slightly recovers before BoE announces new governor
The pound was up in early London trading today, holding just above $1.30, as investors waited for the Bank of England to announce its new governor. A person familiar with […]
Sterling drops 3.3% since Election Night
The pound was on track for its biggest two-day fall in nearly two years yesterday as concerns rose that Britain could still crash out of the European Union without a […]
Latest Poll Shows Tory Lead Narrowing
Sterling fell as much as 0.3% in early London trading after a YouGov poll showed the Conservative party’s lead over Labour narrowing to 11 points. The poll was the third […]
Rates Steady After TV Debate
Sterling was slightly weaker against the dollar and largely flat versus the euro this morning, showing little immediate reaction to a debate between the leaders of Britain’s two main political […]
Sterling Stays Steady
Sterling kept within its recent trading range this morning, but this week could prove its second best so far this month as expectations that the Conservative Party may win a […]
According To Polls – Tories Lead By 14 Pts
The pound was slightly weaker against the U.S. dollar on this morning and stable against the euro, as weak economic data, which should hurt sterling, is more than offset by […]
Pound Boosted By Election News
Sterling was a big mover yesterday, jumping to a six-month high against the euro after the UK’s Brexit Party leader Nigel Farage said the party would not field candidates in […]
Market Update
The pound rose 0.2% against a weakened dollar this morning after a flurry of UK data, including GDP figures. UK September Gross Domestic Product (GDP), manufacturing production, industrial output and […]