Market Update
Core inflation numbers are released for the Euro Zone at 10am, its forecasted to attract a slight gain from 2.7% in April up to 2.9% for May. This should not […]
Market Update
The ECB (European Central Bank) lowered their borrowing costs for the first time in five years from an all time high by 25 basis points down to 4.25%. This did […]
Market Update
Yesterday The Bank of Canada became the 2nd Central Bank after The Swiss National Bank to implement their first rate cut and this came after six consecutive meetings of leaving […]
Market Update
Pound Sterling exchange rates have had a very good month in May, considering news of a UK election coming in July, the volatility has very much been swayed in favour […]
Market Update
Eurozone Consumer Confidence edged slightly higher for May’s reading yesterday, from -14.7 to -14.3. It was in line with expectations but more importantly reflected the smallest extent of pessimism by […]
Market Update
Sterling has recently held on steady against the EUR and as no economic data releases today that should have an impact on the GBP/EUR rate, eyes are now on tomorrow’s […]
Market Update
U.S Consumer Confidence figures yesterday showed an unexpected improvement in May after what had been a worryingly painful three months prior, with optimism surrounding the labour market falling, as well […]
Market Update
Last week was constructive for Sterling exchange rates with GBPEUR ending the week at 1.1685, and GBPUSD ending the week at 1.27. EURUSD was also bullish last week closing on […]
Market Update
Earlier in the week we did see both core inflation and inflation levels decrease in April for the US. While retail sales showed a slowdown too, this lead to USD […]
Market Update
Quieter times are expected for The US Dollar over the next few weeks after recent economic releases initially showed mixed signals with their economy. Yesterday’s April Inflation release showed a […]