Dollar Slips as Iran Deal Progress Weighs on Oil Prices
This morning has seen the US Dollar lose some momentum as Donald Trump stated last night that the operation Project Freedom will be paused as a deal with Iran edges […]
Middle East Tensions Drive Oil Surge as Central Banks Hold Focus
Tensions are brewing in the Middle East after US and Iran exchanged fire against each other in the Strait of Hormuz in the early hours. Reports also coming in from […]
BoE Holds at 3.75% but Signals Rate Hikes Ahead as Iran Conflict Fuels Inflation Risk
The Bank of England has maintained the base interest rate at 3.75%, though it issued a firm warning that hikes are looming. The primary driver for this hawkish shift is the […]
Volatility Ahead as Geopolitics and Central Banks Collide
Geopolitics once again dominated weekend headlines, with U.S.–Iran talks still stuck on the runway and an attempted attack on President Trump at the White House Correspondents’ Dinner adding to an […]
UK Retail Sales Beat Forecasts as Fuel Demand Drives Growth
UK retail sales rose in March by 0.7%. Numbers came in a lot higher than its forecast of a 0.1% increase, after February showed numbers in red and a downfall […]
Dollar Strengthens Amid Iran Tensions and Rate Cut Uncertainty
The US Dollar has regained ground this morning against both Euro and Sterling overnight as traders are seemingly concerned about the next round of negotiating talks between Tehran & The […]
UK Inflation Jumps as Fuel Prices Surge Amid Middle East Tensions
UK Inflation for March climbed sharply as motor fuel prices pushed the released figure to 3.3%, notably up from February’s 3% release. The more concerning nature of this release is […]
Labour Market Signals Mixed as Unemployment Beats Forecasts
UK’s unemployment rate fell to 4.9% in February, down from 5.2% in its previous month. Noticeable it was also below expectations of 5.2%. Figures also came in below BoE forecast, […]
Markets Face Binary Risk as Strait of Hormuz Closes Again
Over the weekend, the U.S.–Iran conflict shifted back toward confrontation, with the Strait of Hormuz once again becoming the focal point. Going into Friday, markets were watching what looked like […]
UK Growth Beats Expectations but Pound Remains Subdued
The UK economy expanded more than expected in February, with the 0.5% growth exceeding initial forecasts of 0.1% growth. The main driving force behind the growth was due to both […]