UK Third Quarter Growth Strong
Britain’s economy kept up healthy momentum during the third quarter, but this may prove a high watermark ahead of Brexit, official figures showed this morning. Gross domestic product in the […]
Market Update
The pound inched down to just above two-month this morning as traders prepared for the British finance minister’s annual budget speech later in the day. Philip Hammond will use his […]
Brexit Latest
The British pound sits near a seven-week lows against the dollar this morning and three-week lows versus the euro, as doubt grows about whether the UK and the European Union […]
95% Brexit Done – According To May
Sterling firmed modestly versus the dollar, benefiting from the greenback’s retreat and signs a Brexit deal was almost done, though the prickly Irish border issue and disagreements within the UK […]
90% Done Deal
European Union negotiator Michel Barnier said on Friday a Brexit deal with the United Kingdom was 90 percent done, although there was still a chance no accord would be reached […]
UK CPI & RPI Weaker
Sterling drops notably just after September consumer inflation data came in lower than expected. Headline CPI slowed to 2.4% yoy, down from 2.7% yoy and missed expectation of 2.8% yoy. […]
Barnier Throws Spanner In The Works
On Wednesday Sterling rose half a percent after European Union Brexit negotiator Michel Barnier signalled progress on a deal with the UK over its withdrawal from the bloc, as well […]
May Speech Later Today
The British pound held near a three-week low this morning as investors wait on the services survey data and Prime Minister Theresa May’s speech later in the day. May will […]
The Week Ahead
The Pound held pretty steadily last week against the Euro & Dollar through the beginning of last week until the Federal Reserve put up interest rates and traders started selling […]
May’s Chequers Plan Branded A Joke
Prime Minister Theresa May’s Brexit proposals were declared dead by the British media today after what they cast as a humiliation at the hands of European Union leaders at an […]