Market Update
Readings from the ECB bank lending survey sending mixed signals. Demand continues to fall for businesses in the Euro zone while household lending saw its first increase since 2022. A […]
Market Update
RBA (Reserve Bank of Australia) went down the same path as other central banks last week and kept rates on hold for now. No surprises here, as the majority of […]
Market Update
Pound Sterling reached a 4-month high yesterday against The Euro after a mixed bag of PMI results across manufacturing and services sector for both The UK & EU. Across the […]
Market Update
Sterling weakness has been the main theme of September so far, and last week we saw these moves accelerated after the Bank of England decided to keep interest rates on […]
Market Update
After a great run of outperformance since February, UK economic data has generally underwhelmed since mid-May, according to analysts. Nevertheless, the strong-than-expected data since the start of the year has […]
Market Update
Overall, the month of March was quite supportive for Sterling with GBPEUR closing the month at 1.1370 and GBPUSD closing at 1.2320. With positive GDP for the UK and a […]
Market Update
Expectations are the pound will struggle to gain any momentum against the Euro over the coming days. Currency analysts believe the decline for the GBP/EUR is due to issues facing […]
Market Update
UK Wages continued to climb in the UK but failed to keep pace with inflation despite the largest rise outside of the COVID pandemic. Pay, excluding bonuses, increased at an […]
Market Update
UK inflation for November surprisingly dropped lower than expected, coming in at 10.7% from a 40 year high of over 11%, mainly due to a fall in fuel prices which […]
Market Update
The pound climbed to its highest level against the dollar since June as the US greenback weakened on expectations of an interest rate hike slowdown. The British currency touched $1.23, […]