The awaited UK autumn budget finally announced
The awaited UK autumn budget was finally announced yesterday. What a couple of weeks back looked to potentially become an eventful day for markets – in the end was treated […]
Pound Sterling remains elevated against its major currency peers
All eyes are on the budget, and we’ve seen Pound Sterling remain elevated against its major currency peers as the markets are choosing to focus on potential positives to be […]
Consumer confidence takes a hit this month
Consumer confidence has taken a hit this month, falling one point lower to -21 as The UK’s budget looms ever nearer. This was mainly due to consumers predictions for the […]
Bank of Canada cuts Interest Rates as expected
The Bank of Canada cut their Interest Rates as expected by 50-basis points to bring the bank rate below 4% in what their fourth consecutive cut as the central bank […]
Public net borrowing sweeps past official forecasts
Ahead of the UK autumn budget that will be released in the end of this month – we saw public net borrowing sweep past official forecasts. Borrowing rose to 16.6billion […]
Public net borrowing sweeps past official forecasts
Ahead of the UK autumn budget that will be released in the end of this month – we saw public net borrowing sweep past official forecasts. Borrowing rose to 16.6billion […]
ECB lowered their borrowing costs by 25 basis points
ECB lowered their borrowing costs by 25 basis points to a base rate of 3.75% yesterday – which didn’t come as a surprise and markets were unchanged at the announcement. […]
Bigger than expected UK inflation drop
The pound tumbled after softer-than-expected UK inflation data emboldened investors to bet on more aggressive interest-rate cuts from the Bank of England. Sterling slid 0.6% to $1.2990, its lowest level […]
UK Unemployment Rate Improves
This morning we saw a slight improvement for UK unemployment in the last three months leading up to August. ONS (Office for National Statistics) did forecast a level of 4.1% […]
This week we have a few data releases of note
plenty of news out of the Bank of England and the Fed which will dictate decisions in November, and a lot of economic news to sink our teeth into- overall […]