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The awaited UK autumn budget finally announced

The awaited UK autumn budget was finally announced yesterday. What a couple of weeks back looked to potentially become an eventful day for markets – in the end was treated […]

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 […]

Mortgage approvals predicted for a slight down trend in October

Walking into the Tuesday session, we start off with UK mortgage data in the morning. Expectations looks like mortgage approvals are on a slight down trend in October if we […]

Sterling has managed to keep above 1.20 against the Euro

Sterling has managed to keep above 1.20 against the Euro but unfortunately slipped below the 1.30 handle against the Dollar. Following a relatively quiet week we saw pretty sideways price […]

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 […]

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 […]

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 […]

Market Update

In a surprising turn of events, the UK economy shrank by 0.3% in October, causing the value of the British pound to decrease. Economists had predicted a steady or slight […]

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

The month ended with GBPEUR at 1.1530 and GBPUSD at 1.22- over all the month of September was not very supportive for the Sterling and we saw a lot of […]

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