Market Update
Yesterday we saw US PPI (producer price inflation) reach 0.7%, its highest level in 7 months. We also had four speeches from Federal Reserve members commeting on the economic outlook for […]
Market Update
The USD dipped slightly this morning, giving up some of its gains from yesterday but is still keeping GBP struggling to break the 1.21 area and the EUR just about […]
Market Update
Yesterday we saw UK Employment data release above expectation, which saw GBP climb above both Dollar & Euro. 34K more jobs above forecast and unemployment remained unmoved at 3.7%. Average […]
Market Update
The dollar fell this morning, losing out to commodities currencies like the Australian dollar and against the euro, which got a lift from a raft of data that suggested European […]
Market Update
Inflation in The UK has again reached new highs, climbing to 10.1% in July mainly contributed by an increase in prices for food and fuel. Expectations for inflation hitting double […]
Market Update
U.S inflation in July dropped from 9.1% down to 8.5%, leading to The USD plunging overnight against both GBP & EUR. Although prices within groceries and housing continued to climb, […]
Market Update
US Dollar strength continues to be the theme of May after another high release of Inflation data for April bringing the U.S inflation to 8.3%. The figure was lower than […]
Market Update
USD strength continues to be the theme of this week, with the safe-haven currency set for it’s best month since 2015. The prospect of aggressive rate hikes in the U.S., […]
Market Update
Last week’s economic releases were fairly quiet up until Thursday when we heard from all three major central banks (the Fed, BoE & ECB) speaking all within the space of […]
Market Update
The British pound tumbled this morning, following data that showed slumping retail sales and record-low confidence as high inflation has cut into consumer spending. Retail sales volumes slid 1.4% from […]