Market Update
The Bank of England (BoE) has raised the UK interest rates by 0.25 basis points to 4.25% to combat double-digit inflation. This is the 11th time in a row, in […]
Market Update
UK Core Inflation and Inflation Rate YoY (FEB) was forecast to drop by 0.1% (5.7%) and 0.2% (9.9%) respectively, but came in much higher at 6.2% and 10.4%, respectively. MoM […]
Market Update
The markets have been all over the place since the closure of SVB last week, which was joined by 5 other small banks as the week went on. The latest […]
Market Update
Pound Sterling continued to gain against the Euro after the ECB raised rates as expects but were not clear on the direction going forward. In the UK today the only […]
Market Update
The main highlight of the past few days has been the failure of the tech startup-focused SVB and the crypto focussed Signature Bank – Sweden’s largest pension fund (also known […]
Market Update
Workers across the UK are getting less money in their pockets at the end of every month as regular pay in real terms fell by 2.4% in November to January, […]
Market Update
UK GDP grew by 0.3% month by month in January compared to December’s drop of 0.5%. It’s the service sector that carried this gain, while manufacturing dropped off for January. […]
Market Update
The US Dollar has remained elevated this morning but further growth in the safe haven currency, following comments from Federal Reserve chairman Jerome Powell which pointed towards further interest rate […]
Market Update
Expectations are the pound will struggle to gain any momentum against the Euro over the coming days. Currency analysts believe the decline for the GBP/EUR is due to issues facing […]
Market Update
A week filled with inflation data from nations in Europe, was summarised yesterday when we saw core inflation, excluding food and energy, data from EU. It rose to 5.6% in […]