Sterling Higher After Volatile Week
Last week was probably the biggest week of the year on financial markets with Trump winning the US Presidential Election, the Bank of England cutting rates by 25 bps and […]
Pound continues its gains against The Euro
The Pound has continued its gains against The Euro as news this morning states that The German Government has collapsed. In recent months, the coalition government between The Social Democrats […]
Pound Sterling falls sharply in the early hours of this morning
Pound Sterling fell sharply in the early hours of this morning by 1.4% against The USD before recovering slightly as it is now a matter of a couple of hours […]
What outcomes could the US Election winner have on markets and economic forecasting?
Yesterday was a quiet day for the market in terms of economic releases. It’s a different story for today, with the decider of the US election – with it being […]
Elections & Central Banks In Focus This Week
Following the bond sell off’s last week after the Chancellor’s Autumn budget, the Pound has managed to steady itself going into the new week, as it seems Gilt investors are […]
Pound Sterling drops by roughly 1% against both Euro and US Dollar
The fallout from The UK budget earlier this week has seen Pound Sterling drop by roughly 1% against both The Euro and US Dollar as the biggest tax rises in […]
Pound Sterling remains elevated against its major currency peers
All eyes are on the budget, and we’ve seen Pound Sterling remain elevated against its major currency peers as the markets are choosing to focus on potential positives to be […]
Consumer confidence takes a hit this month
Consumer confidence has taken a hit this month, falling one point lower to -21 as The UK’s budget looms ever nearer. This was mainly due to consumers predictions for the […]
Bank of Canada cuts Interest Rates as expected
The Bank of Canada cut their Interest Rates as expected by 50-basis points to bring the bank rate below 4% in what their fourth consecutive cut as the central bank […]
Public net borrowing sweeps past official forecasts
Ahead of the UK autumn budget that will be released in the end of this month – we saw public net borrowing sweep past official forecasts. Borrowing rose to 16.6billion […]