Market Update
Sterling hovered above $1.33 as traders clung to hopes that Britain and the European Union would soon seal a long-awaited Brexit trade deal, even as the clock ticked down on […]
Market Update
The British pound held above a 10-day low as investors cut their holdings with British and European negotiators scrambling to salvage post-Brexit trade talks. British Prime Minister Boris Johnson said […]
Market Update
Britain’s unemployment rate rose by more than expected to 4.5% in the three months to August, its highest in more than three years, even before the end of the government’s […]
Market Update
UK PM Boris Johnson is expected to announce a new three-tier lockdown system later today in a further effort to stem the spread of Covid-19. The new system will allow […]
Market Update
Sterling fell against the euro, although not by much, and most analysts say they now expect Britain and the European Union to meet the transition deadline and soon conclude a […]
Market Update
Britain may be heading for a no-deal Brexit in three months, but among traders in London the feeling so far is one of deja vu rather than a panicky rush […]
Market Update
British consumer confidence ticked up in September to its highest level since the coronavirus lockdown started in March, but it remains well below its pre-pandemic levels, a survey showed this […]
Market Update
Sterling hovered near two-month lows as British Prime Minister Boris Johnson unveiled long-lasting restrictions to tackle a second wave of the coronavirus. New measures, which included extending the use of […]
Market Update
With latest reports showing global cases rising above the 30 million mark, prompting the WHO to warn that renewed increases in Europe are a “wake-up call”, the prospect of further […]
Market Update
The British pound held within striking distance of a two-month low before a Bank of England decision on Thursday against the backdrop of a darkening outlook for the economy. While […]