Market Update
Yesterday we saw the Bank of Canada cut their interest rates by 25 basis points for a second consecutive month, bringing their policy rate down to 4.50% in line with […]
Market Update
The Euro has started this morning on the backfoot against it’s major currency pairs, as The Eurozone’s Consumer Confidence for July narrowly beat expectations to rise from -14.0 to -13.0. […]
Market Update
ECB held rates at bay yesterday which did contribute to a slight EUR gain until their press conference. In the press conference we could hear from President Christine Lagarde that […]
Market Update
Readings from the ECB bank lending survey sending mixed signals. Demand continues to fall for businesses in the Euro zone while household lending saw its first increase since 2022. A […]
Market Update
GBP’s momentum against the USD and EUR has slowdown since inflation levels for the UK were released last week. We can now see that inflation is still growing in the […]
Market Update
The major story last week was the Bank of England making it very clear that they are preparing for a rate cut in August, this caused Sterling rates to sell […]
Market Update
Core inflation numbers are released for the Euro Zone at 10am, its forecasted to attract a slight gain from 2.7% in April up to 2.9% for May. This should not […]
Market Update
The ECB (European Central Bank) lowered their borrowing costs for the first time in five years from an all time high by 25 basis points down to 4.25%. This did […]
Market Update
Yesterday The Bank of Canada became the 2nd Central Bank after The Swiss National Bank to implement their first rate cut and this came after six consecutive meetings of leaving […]
Market Update
Pound Sterling exchange rates have had a very good month in May, considering news of a UK election coming in July, the volatility has very much been swayed in favour […]