Sterling Continues To Gain
Sterling rose again this morning and is set for its second biggest weekly rise in 2018 as imminent concerns over the outlook of emerging markets faded after the central bank […]
Bank Of England Meeting Later Today
Sterling has held near recent highs before a monetary policy announcement later in the day, when the Bank of England looks almost certain to keep interest rates unchanged after raising […]
Potential Leadership Challenge To Prime Minister
Sterling stagnated this morning after reports of a potential leadership challenge to Prime Minister Theresa May and as realism set in about how far there remains to go before Britain […]
UK Wage Data Comes In Strong
UK Pay growth picked up faster than expected to a rate that has not been exceeded in three years, as businesses found it harder to recruit staff, official figures showed […]
UK GDP Grows At Fastest Pace In A Year
Britain’s economy grew at its fastest pace in almost a year during the three months to July, boosted by stronger consumer spending due to the World Cup and warm weather. […]
Market Update
Sterling edged slightly higher this morning but was set for its biggest weekly drop in three weeks as traders consolidated positions before monthly U.S. jobs data and as broader trade […]
Pound Rebound
Sterling rebounded off a two-week low, after a Bloomberg report that the United Kingdom and Germany were prepared to drop a key sticking point on Brexit negotiations fuelled hopes of […]
UK Data Strong – No Impact On Sterling
Sterling edged lower for a fifth consecutive day as a resurgent dollar and mounting concerns over Brexit negotiations sapped demand for the British currency. An overnight bounce in the pound […]
Brexit Woes & Weak Data
The British pound was set for its biggest daily drop against the euro in more than three months as concerns grew about the progress of Brexit negotiations. Sentiment was also […]
Pressure On Theresa May
Prime Minister Theresa May’s Brexit strategy means disaster for Britain, former foreign secretary Boris Johnson said, as critics at home and officials in Brussels step up their opposition to her […]