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 […]
Market Update
The dollar was much stronger this morning, benefiting from the release of strong retail sales, while sterling climbed after a hot inflation release pointed to a December Bank of England […]
Market Update
Sterling edged lower this morning as Britain and the European Union looked far from finding a post-Brexit agreement trade on Northern Ireland, while Bank of England interest rate raise bets […]
Market Update
The British Pound has continued its recovery this week with a continuation of daily drops in Covid cases against the figures released 7 days earlier. Earlier this week, The UK […]
Market Update
The UK economy saw a return to growth in February despite still being in lockdown with businesses preparing to open up again, as well as exports to The EU showing […]
Market Update
The Pound remains on track to continue its climb higher against The Euro and USD after a relatively well received budget for 2021 as well as the ever-progressing vaccine roll-out. […]
Market Update
Sterling fell to its lowest in a week against the dollar and traded near one-week lows against the euro as more subdued risk sentiment across broader asset markets weighed on […]