Market Update
The Fed cut interest rates by 50 basis points on Tuesday, its first emergency rate cut since the financial crisis and collapse of Lehman Brothers in 2008. The cut was […]
Market Update
Sterling has dipped against the U.S. Dollar and Euro, as an unexpected rate cut from the U.S. Federal Reserve fuelled expectations the Bank of England could follow suit to protect […]
Pound Plummets
GBP The Pound fell due to renewed speculation of a delay of the March budget which comes in addition to mounting coronavirus concerns and is further encouraging markets to price […]
Coronavirus Fears Impact The Markets
GBP rose by 0.5% against the USD yesterday reaching over 1.30 for a 1 week high, with the likelihood of a rate cut by The U.S. rising week by week. […]
Trade Deal Talks Begin
EU ministers will meet today to discuss how to open to trade deal negotiations, which will start on March 02. They are expecting the mandate to be based on EU […]
Market Update
Sterling rebounded towards the end of last week due to better than expected Retail Sales in January. The main factor behind the increase was the horrendous weather in the UK […]
Market Update
Pound Sterling has dropped to a three month low against the Greenback on Thursday as the U.S. currency’s has out performed undoing the recent pound gains that were driven by […]
Market Update
The Pound has retraced against the Euro proving that the rate is uncomfortable above 1.20 against the Euro and 1.30 against the USD. Due to ongoing concerns that the EU […]
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 […]