Market Update
All eyes are set to be focused on today’s Spring Budget, released at 12:30pm. The budget is expected to be the last major fiscal event before the next general election, […]
Market Update
RBA (Reserve Bank of Australia) went down the same path as other central banks last week and kept rates on hold for now. No surprises here, as the majority of […]
Market Update
German GDP figures for 2023 was released yesterday and showed a decrease of economic output for 2023 by -0.3%. Showing that the German economy is struggling with higher interest rates. […]
Market Update
Sterling exchange rates closed on Friday net positive for the week after GDP numbers showed that the UK economy rebounded in November- however, the part that perhaps wasn’t reported as […]
Market Update
The Bank of England is likely to raise interest rates by 0.25% to 5.25% when the monetary policy committee meets on Thursday. If the MPC goes ahead with the rate rise, […]
Market Update
UK Core Inflation figures were forecasted to remain unchanged at 6.8% but came out 0.3% higher. MoM inflation also released 0.3% higher to previous levels. Despite inflation consecutively falling […]
Market Update
The pound has been steady today and looks to be heading for its biggest monthly gain versus the dollar since November, as an apparent abatement in concern among investors over […]
Market Update
UK Core Inflation and Inflation Rate YoY (FEB) was forecast to drop by 0.1% (5.7%) and 0.2% (9.9%) respectively, but came in much higher at 6.2% and 10.4%, respectively. MoM […]
Market Update
The US Dollar has remained elevated this morning but further growth in the safe haven currency, following comments from Federal Reserve chairman Jerome Powell which pointed towards further interest rate […]
Market Update
Expectations are the pound will struggle to gain any momentum against the Euro over the coming days. Currency analysts believe the decline for the GBP/EUR is due to issues facing […]