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 […]
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 […]
Euro-USD rate dips below 1.08

This morning we’ve seen the Euro-USD rate dip below 1.08 adding to the sustained pressure the Euro has been under. With the Euro economy struggling and inflation continuing to hold […]
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 […]
Market Update

UK Inflation has jumped back above 2% as expected, however it hasn’t climbed as much with headline numbers showing inflation at 2.2%. The dilemma facing the Bank of England over […]
Market Update
Since end of last week GBP has lost battles against its peers, noticing big losses against both the EUR and USD. Yesterday and in this morning session, we have seen […]