Central Banks Hold Steady Amid Diverging Economic Signals
The Federal Reserve kept interest rates unchanged for a fifth consecutive meeting which was largely unsurprising. However, the division within the central bank deepens as two Fed Governors voted against […]
Sterling Surges on US-Europe Trade Deal as Central Banks Hold Steady
Trade relief off the back of The U.S/Europe trade deal has seen Pound Sterling experience it’s biggest daily gain since April. European stock markets as well as The Euro fell […]
Markets Boosted by Last-Minute US-EU Trade Deal
As I write this, news has just broken that the EU and the US have secured a crucial trade agreement, just in the nick of time. To summarise the key […]
Pound Strengthens as EU-US Trade Deal Progresses and ECB Decision Looms
Pound-Euro has been helped further over the past 24 hours as details of a pending trade deal between the U.S & Europe is getting closer to being agreed. Reports suggest […]
Dollar Slips as Trade Deal with Japan Eases Global Uncertainty
The story of this morning is Trump’s announcement of a trade deal with Japan which has relieved concerns of a potential full-blown global trade war. Trump detailed a tariff rate […]
Sterling Struggles Ahead of Summer Slowdown
It was another tough week for Sterling, dropping to around 1.1530 against the Euro and settling near 1.34 against the Dollar, mostly due to disappointing economic data out of the […]
UK GDP Contracts Again: Pressure Mounts on BoE as Growth Falters
We noticed a second consecutive contraction for economic growth in the UK this morning. After a sharp fall back in April of -0.3%, forecast suggested an uplift of 0.1% in […]
Fed Minutes Hint at Delayed Cuts as Copper Tariffs Shake Markets
Last night we had The Federal Reserve meeting minutes from June’s meeting where just a few members backed an interest rate cut this month. Although concerns around inflation coupled with […]
Sterling Holds Firm While Euro Struggles Amid Global Uncertainty
This week is set to be another volatile one in the financial markets. Following the recent passage of President Trump’s significant tax bill, markets now find themselves in an intriguing […]
Sterling Slips Amid UK Economic Uncertainty & Market Focus on US Jobs Data
Pound Sterling has fallen against both the Euro and US Dollar over the past 24 hours as markets have digested what seems to be a lack of confidence from investors […]