Market Update
UK Inflation is continuing to rise at unprecedented levels, reaching 9.1% in May. Fuel and energy prices have been the biggest drivers of inflation, which has brought inflation to it’s […]
Market Update
The pound edged higher this morning, breaking a three-week losing streak versus the broadly struggling U.S. dollar as hawkish comments from policymakers supported the currency. While the Bank of England […]
Market Update
Last week’s economic releases were fairly quiet up until Thursday when we heard from all three major central banks (the Fed, BoE & ECB) speaking all within the space of […]
Market Update
The Federal Reserve released their meeting minutes for March yesterday evening, paving the way for USD strength with comments in the report seemingly teeing up a 50 bps hike on […]
Market Update
To start the morning off Q4 GDP YoY for the UK came in at 6.6% vs expectations of 6.5% boosting the pound against both the euro and dollar. Newfound optimism […]
Market Update
Sterling edged higher versus the euro this morning, with investors focusing on the Bank of England’s next moves to tame inflation while avoiding recession risks. The pound lost ground against […]
Market Update
UK Inflation hit 6.2%, a 30 year high. The main contributors to inflation rising were a surge in prices of Fuel and food. Household Energy bills have increased by 25% […]
Market Update
UK CPI surged to 6.2% for Feb YoY reaching a 30 year high for the pound. As expected, CPI data reaffirmed the consensus of an overheating economy led by energy […]
Market Update
The British pound fell to a 16-month low against the U.S. dollar, ahead of monetary policy updates from the Bank of England and Federal Reserve later in the week. Both […]
Market Update
The Pound has continued its recovery this week after positive employment data removed fears of the potential impact from the furlough scheme ending in October. The potential fall-out from furlough […]