Market Update

This morning’s main data release is UK CPI inflation for January. The previous month saw an unexpected fall to 1.3%, the lowest for three years, which had fuelled expectations of […]

Market Update

The number of people in work in Britain rose in the last three months of 2019, according to data which underscored how the labour market defied a slowing of the […]

Pound Soars After Cabinet Reshuffle

British Prime Minister forced the resignation of Sajid Javid as finance minister on Thursday after Javid refused to sack his advisers and replace them with officials from Johnson’s Downing Street […]

Pound Recovers From Recent Losses

The GBP has recovered recent losses against the Euro and US Dollar with the key focus todays cabinet reshuffle. PM Boris Johnson will have capabilities to refresh his team ahead […]

UK Economy Shows Zero Growth

Britain’s economy flatlined in the last three months of 2019 with the country in deadlock over Brexit. Official figures showed zero growth in the fourth quarter compared with the July-September […]

Pound Weakness Continues

GBP has again experienced weakness against both EUR & USD after weekend reports that Brexit talks could break down as early as April. One of the main factors is the […]

Market Update

Sterling continues to extended losses on as concerns about negotiations between Britain and the European Union for a trade deal continued to create a sense of uncertainty. Yesterday’s moves were […]

Boris to reshuffle Cabinet next week

Boris Johnson is expected to reshuffle his Cabinet next Thursday or Friday in a move that could have a major impact on the upcoming UK-EU post Brexit negotiations. This could […]

Sterling Rebounds

GBP recovered from six-week lows to bounce back above 1.18 against the EUR and 1.30 against the USD off the back of better than expected Construction PMI for January. Positive […]

Market Update

The pound dropped to a six-week low against a broadly firmer dollar, as Prime Minister Boris Johnson’s tough stance on European Union trade talks renewed concern that a deal may […]