Market Update
Australia’s inflation yesterday has shown signs of a continued struggle to drop quick enough, with inflation mainly boosted by higher petrol prices, adding further fuel to the Interest Rate question […]
Market Update
Sterling rebounded yesterday to give the currency some much needed relief after continued pressure against both EUR & USD most notably over the past 8 weeks. Septembers PMI Survey for […]
Market Update
The month ended with GBPEUR at 1.1530 and GBPUSD at 1.22- over all the month of September was not very supportive for the Sterling and we saw a lot of […]
Market Update
The dollar hit a 6-1/2 month high after the U.S. Federal Reserve signalled policy would remain restrictive for longer, even after holding rates steady, while the Swiss franc dropped after […]
Market Update
UK Core Inflation YoY (Aug) was expected to drop by 0.1% to 6.8% but released cooler than expected at 6.2%. This eases some of the pressure for the BOE on […]
Market Update
The pound rose against the dollar today as the greenback slipped and as traders looked ahead to the Bank of England’s interest rate decision next week. Sterling has been one […]
Market Update
Pound Sterling continued it’s downward trend against The USD, struggling to get back to the 1.25 levels, after poorer than expected economic growth figures in The UK. The economy contracted […]
Market Update
As the first full week of the month fets into full swing- we have a pretty quiet Monday with it being Labor day in the U.S- the only key release […]
Market Update
Inflation is the main talking point today with Euro-Zone inflation due out at 10am this morning. Yesterday Germany released their August Inflation figures, with a slight decline from 6.2% in […]
Market Update
We had a pretty interesting week on markets with the Jackson Hole Symposium being a non event with no real policy change announced, the FOMC maintained that they will hike […]