Market Update
This morning we’ve seen a basket of Euro data released from France, Spain and The Euro-Zone. Although preliminary Spanish Inflation data for March suggests a slight rise in prices, Consumer […]
Market Update
To recap on Friday, we saw a reduction in the initial jobless claims for the US following that the job market in the US remains strong. The dollar’s strength could […]
Market Update
Fitch has downgraded the UK’s government debt rating to “negative” from “stable” following the mini-budget. The ratings agency warned that the “large and unfunded fiscal package” could lead to a […]
Market Update
UK Inflation hit 6.2%, a 30 year high. The main contributors to inflation rising were a surge in prices of Fuel and food. Household Energy bills have increased by 25% […]
Market Update
The British pound slipped to a three-day low on Monday, dropping below $1.32 versus the dollar as a broad risk-off mood swept through financial markets. Growing doubts about U.S. President […]
Market Update
The Pound remains on track to continue its climb higher against The Euro and USD after a relatively well received budget for 2021 as well as the ever-progressing vaccine roll-out. […]
Market Update
Yesterday we saw continued strength in GBP as it hit 1.42 against the USD, levels not seen since April 2018 and touching a 1 year high against the Euro at […]
Market Update
All eyes are on the Bank of England today, as GBP weakens slightly with the upcoming decision on Interest Rates expected at Midday. GBP has dropped off slightly showing some […]
Market Update
The Brexit-battered pound extended its losses against the dollar and the euro, as investors became more cautious about the risk of Britain and the EU failing to agree on a […]
Market Update
Post-Brexit trade talks hung in the balance this morning as Britain and the European Union made a last-ditch attempt to bridge significant differences and reach a deal that would avoid […]