UK Inflation Unchanged
British consumer price inflation unexpectedly held steady last month as fuel prices fell amid other signs that the squeeze on households’ spending power may slowly be starting to level off. […]
Sterling – The week ahead
The big news from the past week for the British Pound was the Bank of England’s rate decision on Thursday. This was a quarterly meeting, often referred to as ‘Super […]
UK Construction drops to 11 month low
Growth in Britain’s construction industry tumbled to an 11-month low in July, as a lacklustre outlook for the economy and heightened political uncertainty deterred new orders, a survey showed today. […]
UK Economy Picks Up
Britain’s economy gathered only a little speed in the second quarter after almost stalling at the start of the year, propped up by the services sector and a booming film […]
Pound Rebounds
Sterling hit a six-week high above $1.30 today, close to its highest levels in nine months, on bets that British interest rates could be hiked in the coming months. The […]
Pound hits $1.30 after positive UK Data
Sterling climbed close to $1.30 today, hitting its highest since before Britain’s parliamentary elections, as investors brought forward their expectations for when the Bank of England would begin to tighten […]
What will affect Sterling this week?
Last week was pretty underwhelming as the Prime Minister is still yet to form her Government, and it seems Brexit negotiations have started pretty smoothly (Not sure how long it […]
Sterling will stay under pressure
Sterling gave back early gains against the dollar to trade flat today, back under pressure after British general elections that yielded no clear majority for any party and threatened to […]
All Eyes On Thursday
In Britain, the latest opinion poll, by Survation for ITV television, showed Prime Minister Theresa May’s lead over the opposition Labour Party holding at just 1 percentage point ahead of […]
Sterling – Volatile week ahead
Sterling recovered ground today after falling half a cent against the dollar in early Asian deals as traders reacted to another militant attack over the weekend in London ahead of […]