Market Update
Sterling fell this morning after Britain’s lower house of parliament approved legislation on Tuesday that gives ministers the power to break its divorce agreement with the European Union. The UK […]
Market Update
The British pound rose more than 1% yesterday on hopes that Britain could secure a Brexit trade deal with the European Union by October or at least avoid a cliff-edge […]
Market Update
Britain may be heading for a no-deal Brexit in three months, but among traders in London the feeling so far is one of deja vu rather than a panicky rush […]
Market Update
British consumer confidence ticked up in September to its highest level since the coronavirus lockdown started in March, but it remains well below its pre-pandemic levels, a survey showed this […]
Market Update
Sterling had a turnaround of fortunes towards the end of the European session on Wednesday, rising as much as 0.6% against a weaker euro, with investors seeing some room for […]
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 pound rose against the dollar and euro, stabilising somewhat after recent falls, as investors waited for a key Brexit vote. Sterling had its worst week in six months last […]
Market Update
Britain’s economy grew for a third month in a row in July as pubs, restaurants and other sectors reopened after the coronavirus lockdown, but it remained around 12% smaller than […]
Market Update
Sterling hit a six-week low below $1.29 before bouncing back above $1.30 as Britain unveiled draft legislation for post-Brexit life, stoking concern that trade talks with the European Union could […]
Market Update
The pound rose against the dollar and euro after the Bank of England held rates steady and announced no further stimulus, as expected, and suggested Britain’s economy could bounce back […]