UK Economic Growth Slips as GDP Contracts in October

UK economy growth (GDP) decreased in October. Forecasting suggested an uplift of 0.1%, in reality we saw it shrink by -0.1%. The disappointing figures month-on-month was likely a held back […]
What to Expect from the Markets This Week

Last week’s UK Budget proved to be a non-event for the currency markets, with Sterling ending the week virtually unchanged against both the Euro and the US Dollar. This lack […]
Markets React as US Data Softens and NZ Surprises with Rate Move

Yesterday the US Dollar has weakened slightly because recent US data has been soft, in the form of retail sales, weaker consumer confidence and producer prices remaining on a steady […]
Markets Watch US Data as Autumn Budget Approaches

Ahead of tomorrow’s long awaited Autumn budget, todays focus will be on the US and delayed releases from back in September of retail sales and PPI (Producer Price Index). PPI […]
Market Outlook Ahead of the Autumn Budget and Global Rate Decisions

Last week provided a brief, yet significant, reprieve for the embattled Pound Sterling, with GBP/USD managing to close just shy of the 1.31 handle and GBP/EUR settling marginally below 1.14. This […]
Sterling Softens as UK Retail Sales Slide and US Jobs Rebound

Sterling’s negative trend has been noticeable throughout this week. This morning did not help, seeing UK retail sales fall short of expectations and to its previous figures in September. October […]
UK Inflation Drops as Markets Prepare for Key Budget Announcements

UK inflation came out first thing this morning and landed exactly as expected. Headline figures showed a drop to 3.6 percent from 3.8 percent and core inflation also showed signs […]
US Data Reopens with a Packed Day of Key Releases

Tuesday almost looking a little like a field day of US data in the afternoon. Since the reopening of US government, postponed data releases will now be rolled out. A […]
Renewed Stability for Global Markets After US Government Reopens

Last week finally brought a degree of relief to global markets as the US government ended its shutdown after several tense weeks of political deadlock. The reopening restores some certainty […]
Fiscal Signals Shake GBP Before US Data Takes Centre Stage

Friday started off with downward pressure for GBP after Rachel Reeve said that for the autumn budget the government might avoid increasing income tax. With a potential policy shift so […]