Market Update
With latest reports showing global cases rising above the 30 million mark, prompting the WHO to warn that renewed increases in Europe are a “wake-up call”, the prospect of further […]
Market Update
The British pound held within striking distance of a two-month low before a Bank of England decision on Thursday against the backdrop of a darkening outlook for the economy. While […]
Market Update
Boris Johnson’s controversial Internal Markets Bill (IMB) made it through the first stage of the parliamentary process last night, with the Government winning the vote 340 to 263, the Bill […]
Market Update
Sterling edged lower erasing earlier gains as the U.S. dollar moved briefly higher, while fears of a second wave of virus infections and a Bank of England policy meeting later […]
Market Update
Sterling rose against a weaker euro but fell versus the dollar after the $1.30 level reached late in the previous session did not hold, with Brexit and the economic fallout […]
Market Update
Britain’s economy stumbled out of its coronavirus-induced slump in May, casting doubt on the chances of a rapid rebound and suggesting more government help to kickstart recovery may be on […]
Market Update
Sterling dipped against the dollar and euro as some investors braced for a larger-than-expected increase in the Bank of England’s quantitative easing programme to combat the economic fallout of the […]
Britain’s economy shrank by a record 5.8%
Britain’s economy shrank by a record 5.8% in March from February as the coronavirus crisis escalated and the government ordered a shutdown of much of the country to stop the […]
Market Update
The pound slipped this morning, falling back from its monthly highs against the dollar and euro, after a dire global economic forecast from the International Monetary Fund diminished risk appetite […]
Market Update
Sterling rose to one-month highs versus the dollar and euro today, as hopes lockdowns may be slowing the spread of the coronavirus pandemic strengthened currencies seen as riskier bets. The […]