Market Update
The spread of the coronavirus and the extreme measures taken to control the pandemic have wrought havoc in financial markets worldwide. In currency markets, the reaction has been a headlong […]
Market Update
Oil prices fell by around 30% over the weekend, due to the ongoing disagreement between Russia and Saudi Arabia over the production of oil as lower prices have begun to […]
Market Update
Sterling rebounded towards the end of last week due to better than expected Retail Sales in January. The main factor behind the increase was the horrendous weather in the UK […]
Market Update
This morning’s main data release is UK CPI inflation for January. The previous month saw an unexpected fall to 1.3%, the lowest for three years, which had fuelled expectations of […]
Rate Decision At Midday
President Donald Trump’s pitch to the Federal Reserve to cut US interest rates has been denied as Interest Rates stay put. Trump believes the central bank should cut its key […]
Interest Rate Cut On Thursday – 50/50
Sterling has weakened against the Euro this morning alongside dropping to a one week low against the USD. Main reasons being the concern about Britain’s future relationship with the EU […]
Market Update
On Friday we saw the UK’s PMI data come out stronger than what traders were expecting, this has now reduced the chances of a Bank Of England interest rate cut […]
Rate Cut Chances Slim
Possibilities of a Bank of England interest rate cut has faded as UK Businesses show greater optimism in January. Could a cut on 30th January be too soon? The economy […]
Market Update
On Tuesday Boris Johnson suffered a fourth defeat on his Brexit Legislation after members of Parliament’s Upper Chamber voted to protect Children Refugee’s once Britain leaves the European Union. Changes […]
Market Update
The British pound fell sharply earlier this week after a BoE policy maker said they ‘would vote for a rate cut unless economic data improved significantly’. With the weaker inflation […]