Sterling Softens as UK Retail Sales Slide and US Jobs Rebound
Sterling’s negative trend has been noticeable throughout this week. This morning did not help, seeing UK retail sales fall short of expectations and to its previous figures in September. October […]
UK Inflation Drops as Markets Prepare for Key Budget Announcements
UK inflation came out first thing this morning and landed exactly as expected. Headline figures showed a drop to 3.6 percent from 3.8 percent and core inflation also showed signs […]
US Data Reopens with a Packed Day of Key Releases
Tuesday almost looking a little like a field day of US data in the afternoon. Since the reopening of US government, postponed data releases will now be rolled out. A […]
Markets Catch Their Breath After Volatile Weeks Ahead of Key UK Data
After a hectic few weeks of central bank decisions, inflation data, and political noise, this week finally looks set to offer a brief pause for breath. The docket is notably […]
Sterling Under Pressure as BoE Holds and Reeves Signals Fiscal Tightening
It’s been another turbulent week for the Pound, as both monetary and fiscal headlines out of the UK triggered sharp market reactions. Between the Bank of England’s closely contested rate […]
Sterling Under Pressure Ahead of Bank of England Decision
Sterling remained under pressure this morning as investors positioned themselves ahead of the Bank of England’s policy announcement. Markets are currently pricing in a one-in-three chance of an interest rate […]
Pound Weakens as UK Tax Hike Shocks Markets
The Pound’s fall has continued from yesterday after Chancellor Rachel Reeves surprised investors with an unplanned tax announcement. She confirmed that the government will raise income taxes, breaking one of […]
Sterling Slides as Reeves Announces Surprise Income Tax Rise
Sterling fell to its corresponding G10 pairs after Rachel Reeves held an unscheduled announcement confirming that she will raise income taxes, this was one of the main manifesto pledges that […]
Housing Market Slows as Inflation Data Takes Centre Stage
This morning, we saw a slowdown in growth of housing prices month-on-month for the UK. Previous month saw housing prices increase by 0.5% and for this month it was forecasted […]
Pound Slides Further as UK Budget Concerns Grow
The Pound has continued its slide against the Dollar even after The Federal Reserve cut their rates as expected by 25 basis-points. Concerns are growing further ahead of next month’s […]