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Category: Retail Sales

Sterling Gains on Lower Inflation

Pound Sterling has had a bit of a reprieve this morning with December Inflation figures coming in surprisingly lower than initial forecasts had predicted. Inflation was expected to hit 2.6% […]

UK Bond Yields Surge as Sterling Slides

The first full week of the year was not short on volatility, with bond yields in the UK surging beyond 5%. This sharp rise reflects investor concerns about the UK […]

Market Update

This morning has seen some much needed relief provided for GBP against it’s major currency peers, USD & EUR in particular with GBP climbing around 0.5% against both currencies after […]

Market Update

After a fairly positive week for Sterling, December’s Retail Sales put a halt to this run with poor figures recorded last month. This evidently came as a shock to the […]

Market Update

Stronger than expected U.S Retail Sales in December has helped to keep the US Dollar elevated near a 5-week high against the major currency pairs, with Interest Rate cut expectations […]

Market Update

Sterling slipped this morning and is on track for its biggest daily drop in a week as UK economy contracted by 0.5% in July, a worse than expected 0.2% contraction […]

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