Political Uncertainty and US Jobs Data in Focus
In the next upcoming weeks, political tensions can rise for the UK. Last night Andy Burnham stated that if he sees support, he will contest Keir Starmer for the Prime […]
Dollar Strength Persists Amid Middle East Uncertainty
Swiss Inflation has risen by 0.6% last month, compared to a year earlier. Crucially this matched April’s increase but came in below the projected 0.8% increase. Petrol products cost nearly […]
Energy Costs Rise as Markets Monitor U.S.–Iran Negotiations
The Dollar has largely remained unmoved heading into today as focus remained on negotiations between The U.S & Iran. Recent media reports have suggested that indirect negotiations were ongoing, even […]
Strait of Hormuz Tensions Keep Markets on Edge
Markets head into the new week with geopolitics once again dominating sentiment, as negotiations between the U.S. and Iran appear to be entering their most critical phase yet. Over the […]
UK Inflation Drops Again Despite Rising Energy Concerns
UK Inflation fell further than expected last month, dropping from 3.3% in March to 2.8% with the main contributing factor being in the form of a reduced energy price cap […]
GBP Rebounds on Political Reassurance Before Jobs Data Weighs on Sterling
Yesterday afternoon we did see GBP regain some of its recent losses to the USD and EUR. It came after what could be UK’s next Prime Minister, Andy Burnham confirming […]
Sterling Under Pressure as UK Political Uncertainty and Middle East Tensions Intensify
Markets begin the week with UK politics back firmly in focus after a dramatic weekend for Labour and growing speculation around Keir Starmer’s future as Prime Minister. Multiple reports over […]
UK Political Turmoil Sparks Sterling Sell-Off
The political situation in the UK is continuing to catch headlines. Keir Starmer is still under immense pressure and with MP’s resigning cause they don’t believe in the leadership, raises […]
Sticky Inflation & Strong UK Growth Keep Rate Debate Alive
U.S Producer Price Inflation shot up against expectations yesterday, overperforming by 1.2% which has been put down largely to the impacts from the Middle Eastern conflict. Figures were expected to […]
Dollar Surges as Inflation Jumps and Middle East Tensions Escalate
The U.S Dollar had its best day in almost 2 weeks yesterday as expectations for interest rate hikes increased off the back of yesterday’s inflation release. The Dollar also benefitted […]