French Political Turmoil and U.S. Job Data Revisions Stir Market Uncertainty
The political turmoil continues in France after Prime Minister Bayrou lost the vote of confidence. Now meaning that France needs to replace their Prime Minister, maybe they’re becoming used to […]
Euro Holds Firm as Markets Eye Euro-Zone Retail Sales and U.S. Jobs Data
The Euro is holding firm at the beginning of this morning’s session with focus on July’s Retail Sales for the Bloc. With Euro-Zone inflation having rose slightly last month, but […]
Sterling Slides as UK Bond Yields Hit 25-Year Highs
Sterling opens in red to both EUR and USD this morning with mounting concerns for the government and their bond yields. Yield levels reaching its highest level since 1998 of […]
Sterling Strengthens as French Political Crisis Deepens
Renewed French political crisis has allowed for further Sterling gains against the Euro as French prime minister is set to fall on the 8th of September once confidence vote takes place […]
Markets Eye September Cuts Following Powell’s Jackson Hole Speech
On Friday, Fed Chair Jerome Powell set the stage for what could be a pivotal month ahead. Speaking at the annual Jackson Hole symposium, Powell confirmed a significant shift in […]
UK Inflation Surges to 3.8% as BoE Faces Mounting Pressure
UK Inflation has come out hotter than expected, climbing to 3.8% against expectations of 3.7%. Services inflation climbed to 5% which will be of a concern to The Bank of […]
Volatility Returns as UK Fiscal Pressures Mount and Dollar Weakens
Last week brought plenty of volatility across the markets. The most notable moves were Dollar weakness and Sterling strength, driven by an upside surprise in UK GDP figures, which came […]
Sterling Strengthens as UK GDP Beats Expectations
UK GDP has provided Sterling with further support as the economy rebounded in June. Figures show the economy grew by 0.4% month-on-month, crucially bringing a halt to a run of […]
Trade Truce Extended, UK Job Market Holds Steady, and US Inflation in Focus
What was supposed to be the final day of the trade truce between the US and China, has now been extended by another 90 days. Markets did see this as […]
Turbulent Week for Currencies as Key Events Approach
Last week brought more turbulence to currency markets, with the Bank of England’s decision to cut interest rates delivering an unexpected short-term boost to Sterling. The move was widely anticipated, […]