Elections & Central Banks In Focus This Week
Following the bond sell off’s last week after the Chancellor’s Autumn budget, the Pound has managed to steady itself going into the new week, as it seems Gilt investors are […]
Pound Sterling drops by roughly 1% against both Euro and US Dollar
The fallout from The UK budget earlier this week has seen Pound Sterling drop by roughly 1% against both The Euro and US Dollar as the biggest tax rises in […]
The awaited UK autumn budget finally announced
The awaited UK autumn budget was finally announced yesterday. What a couple of weeks back looked to potentially become an eventful day for markets – in the end was treated […]
Pound Sterling remains elevated against its major currency peers
All eyes are on the budget, and we’ve seen Pound Sterling remain elevated against its major currency peers as the markets are choosing to focus on potential positives to be […]
Mortgage approvals predicted for a slight down trend in October
Walking into the Tuesday session, we start off with UK mortgage data in the morning. Expectations looks like mortgage approvals are on a slight down trend in October if we […]
Sterling has managed to keep above 1.20 against the Euro
Sterling has managed to keep above 1.20 against the Euro but unfortunately slipped below the 1.30 handle against the Dollar. Following a relatively quiet week we saw pretty sideways price […]
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 […]
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 […]
Market Update
In a surprising turn of events, the UK economy shrank by 0.3% in October, causing the value of the British pound to decrease. Economists had predicted a steady or slight […]