Michel Barnier ousted as Prime Minister as he loses no-confidence vote
Last night we eventually saw Michel Barnier ousted as Prime Minister as he lost the no-confidence vote after his attempt to push through his social security policy came up against […]
Euro has continued to be under pressure ahead of the no-confidence vote against the French Prime Minister
This morning The Euro has continued to be under pressure ahead of the no-confidence vote against the French Prime Minister Michel Barnier. Lawmakers are set to begin debating the social […]
France votes against Prime Minister Michel Barnier’s budget
France voted against prime minister Michel Barnier’s budget yesterday – now leaving months of political uncertainty again. It’s not the first time this year we have seen political chaos in […]
November: A very volatile month for the markets
November was a very volatile month mainly due to the U.S. presidential election and issues in the German government, we saw some big moves in FX, we have GBPEUR at […]
Continued downfall in Germany’s Retail Sales
It might seem like a common topic or view for the moment – but we will commence this morning acknowledging Germany. It’s been a dire time for Germany’s economy to […]
German confidence vote set to take place on January 15th next year
Earlier this morning we saw economic sentiment and consumer confidence for Europe both fare slightly worse again than previous, which shouldn’t come as a surprise when considering the economic difficulties […]
The Reserve Bank of New Zealand cuts interest rates by 50 basis points
Overnight The Reserve Bank of New Zealand cut their interest rates by 50 basis points, bringing their rates down to 4.25%. Surprisingly the New Zealand Dollar rose by almost 1% […]
Sterling weaker after bad Retail Sales
Last week ended on a weaker note for Sterling following weak PMI data and weak retail sales numbers, this led to lower exchange rates against both the Euro and the […]
BoE officials dial down interest rate cuts
The message sent from Bank of England officials recently of dialling down its monetary policy (interest rate cuts) could well have been confirmed this morning. We saw UK inflation rise […]
Sterling finishes the week lower across the board
On Friday UK GDP numbers showed that growth in the UK had slowed down to just 0.1% by September, which has had an instant negative impact on Sterling exchange rates. […]