Strong UK Retail Sales Overshadowed by Global Risks
UK retail sales increased by 1% month-on-month in June, crushing its expectation of 0.3% decline. The strong figures mainly coming from a robust demand in sporting merchandise, clothing, outdoor products, […]
ECB Rate Decision Takes Centre Stage as Energy Prices Climb
All attention today will be on The European Central Banks interest rate decision later this afternoon as The Euro hovers around a one-week high against The Dollar. Further strikes overnight […]
Sterling Weakens as UK Inflation Misses Expectations
Sterling remains under pressure this morning after the latest UK inflation figures came in slightly weaker than expected, reinforcing the view that the Bank of England is unlikely to rush […]
Politics Takes Centre Stage as Markets Face a Pivotal Week
Markets begin the week digesting two major political developments that are likely to influence sentiment over the coming days. Internationally, the conflict between the United States and Iran has escalated […]
Markets React as Middle East Tensions Escalate
Sterling edged lower on Tuesday, after reaching a three week high, as investors continued to assess rising tensions in the Middle East and the potential impact on inflation and future […]
Markets Brace for a Week of Inflation and Geopolitical Risk
For much of the past month, markets had begun to price in the idea that the worst of the U.S.–Iran conflict might be behind us. Diplomatic talks had created cautious […]
UK Inflation Eases as Markets Await Fed Decision
UK Inflation provided some relief this morning as prices rose 2.8% in the 12 months to May, despite expectations Inflation would rise to 3%. Transport saw the largest contribution, with […]
Dollar Holds Firm as Markets Weigh Geopolitical Risks
Last week was dominated by the European Central Bank, which delivered a widely expected 25 basis point rate hike but accompanied it with a much more hawkish message than markets […]
ECB Raises Rates as UK Economy Slips into Contraction
ECB (European Central Bank) did raise their interest rates levels by 25 basis points yesterday. European interest rate is now sitting at 2.25%, it was the first time since back […]
Dollar Strength Returns as Markets Reassess Rate Cut Expectations
Last week brought a significant shift in market sentiment, particularly for the US Dollar. While much of the year has been characterised by concerns around slowing growth and expectations of […]