Market Update
Sterling has continued to lose ground against both EUR & USD following on from yesterday’s report showing that The UK’s net debt has now surpassed 100% of GDP levels. Sterling […]
Market Update
UK Core Inflation figures were forecasted to remain unchanged at 6.8% but came out 0.3% higher. MoM inflation also released 0.3% higher to previous levels. Despite inflation consecutively falling […]
Market Update
The US Dollar has remained near it’s recent two-month high with next week’s Federal Reserve interest rate decision looming. The Central Bank is widely expected to pause its year-long interest […]
Market Update
After a great run of outperformance since February, UK economic data has generally underwhelmed since mid-May, according to analysts. Nevertheless, the strong-than-expected data since the start of the year has […]
Market Update
The dollar edged up against major peers today, as markets priced in around a 1-in-4 chance of the U.S. Federal Reserve raising benchmark rates this month after robust jobs data […]
Market Data
GBP/EUR is still staying healthy above 1.16, the highest it’s been since December 2022. This is mainly due to German states inflation cooling more than expected over the past month. […]
Market Update
The last week was pretty volatile for markets- with traders now pricing in more BoE hikes this year (Expected to reach 5.5%) following inflation data showing no sign of cooling […]
Market Update
The US Dollar has strengthened further overnight after a continued standoff in negotiations surrounding the debt ceiling in The States. The current debt limit is $31.4 Trillion and concerns have […]
Market Update
The pound slipped against a strengthening dollar on Wednesday and maintained its losses after Bank of England Governor Andrew Bailey reiterated, he expected price pressures to ease, as soon as […]
Market Update
The pound dropped a little this morning after a rise in Britain’s jobless numbers suggested fewer Bank of England rate increases could be needed in the coming months to bring […]