Further Brexit vote to be held in June

The Prime Minister has announced that she will hold a further vote on Brexit this June, no matter whether the cross-party talks have resulted in an agreement or not. Sterling hit a two-week low, also not helped by poor UK labour data. Meanwhile, the euro had a...


read more

Sterling’s slow slide to summer?

The pound slipped to its lowest point for nearly three months yesterday. Optimism in the markets since 29th March that a hard Brexit from the EU can be avoided has begun to wane. All roads now appear to lead to a stronger advocate for Brexit replacing the Prime...


read more

USD: China retaliates with tariff hikes

The dollar fell yesterday afternoon but has found some support this morning as the US-China trade war intensifies. China retaliated to the US’s tariff hikes with taxes of its own. It announced plans to hike tariffs on American goods bought by Chinese companies, which...


read more

EUR: Markets expect positive day ahead

The markets are expecting a good day ahead for the euro, with a number of positive economic figures forecasted. Already this morning, German inflation came in at 2%, as predicted, up from an eleven-month low of 1.3%. German economic sentiment, due at 10:00am, is...


read more