Consumer confidence takes a hit this month

Consumer confidence has taken a hit this month, falling one point lower to -21 as The UK’s budget looms ever nearer. This was mainly due to consumers predictions for the […]
Bank of Canada cuts Interest Rates as expected

The Bank of Canada cut their Interest Rates as expected by 50-basis points to bring the bank rate below 4% in what their fourth consecutive cut as the central bank […]
Public net borrowing sweeps past official forecasts

Ahead of the UK autumn budget that will be released in the end of this month – we saw public net borrowing sweep past official forecasts. Borrowing rose to 16.6billion […]
Public net borrowing sweeps past official forecasts
Ahead of the UK autumn budget that will be released in the end of this month – we saw public net borrowing sweep past official forecasts. Borrowing rose to 16.6billion […]
ECB lowered their borrowing costs by 25 basis points

ECB lowered their borrowing costs by 25 basis points to a base rate of 3.75% yesterday – which didn’t come as a surprise and markets were unchanged at the announcement. […]
Bigger than expected UK inflation drop

The pound tumbled after softer-than-expected UK inflation data emboldened investors to bet on more aggressive interest-rate cuts from the Bank of England. Sterling slid 0.6% to $1.2990, its lowest level […]
UK Unemployment Rate Improves

This morning we saw a slight improvement for UK unemployment in the last three months leading up to August. ONS (Office for National Statistics) did forecast a level of 4.1% […]
This week we have a few data releases of note

plenty of news out of the Bank of England and the Fed which will dictate decisions in November, and a lot of economic news to sink our teeth into- overall […]
Market Update

Last week was very encouraging for Sterling bulls with GBPEUR rising above 1.17 and GBPUSD rising above 1.29. Retail sales coming in strong on Friday closed off the week perfectly […]
Market Update

UK Inflation has jumped back above 2% as expected, however it hasn’t climbed as much with headline numbers showing inflation at 2.2%. The dilemma facing the Bank of England over […]