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Category: Economy

Market Update

This morning’s main data release is UK CPI inflation for January. The previous month saw an unexpected fall to 1.3%, the lowest for three years, which had fuelled expectations of […]

Market Update

The number of people in work in Britain rose in the last three months of 2019, according to data which underscored how the labour market defied a slowing of the […]

Pound Soars After Cabinet Reshuffle

British Prime Minister forced the resignation of Sajid Javid as finance minister on Thursday after Javid refused to sack his advisers and replace them with officials from Johnson’s Downing Street […]

UK Economy Shows Zero Growth

Britain’s economy flatlined in the last three months of 2019 with the country in deadlock over Brexit. Official figures showed zero growth in the fourth quarter compared with the July-September […]

Pound Weakness Continues

GBP has again experienced weakness against both EUR & USD after weekend reports that Brexit talks could break down as early as April. One of the main factors is the […]

Market Update

Sterling continues to extended losses on as concerns about negotiations between Britain and the European Union for a trade deal continued to create a sense of uncertainty. Yesterday’s moves were […]

Market Update

The pound dropped to a six-week low against a broadly firmer dollar, as Prime Minister Boris Johnson’s tough stance on European Union trade talks renewed concern that a deal may […]

Rate Decision At Midday

President Donald Trump’s pitch to the Federal Reserve to cut US interest rates has been denied as Interest Rates stay put. Trump believes the central bank should cut its key […]

Virus Has Impact On FX Markets

GBP weakened Tuesday morning due to increasing concerns about the spread of the deadly coronavirus and the negative impact it could have economically. This led to trades selling off GBP […]

Interest Rate Cut On Thursday – 50/50

Sterling has weakened against the Euro this morning alongside dropping to a one week low against the USD. Main reasons being the concern about Britain’s future relationship with the EU […]

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