by Julian Benson | Sep 4, 2023
New data from the Office for National Statistics on Friday revealed Britain’s economy surpassed its pre-COVID-19 size by 0.6% in the final quarter of 2021, compared with estimates that it was 1.2% smaller.
read more
by Julian Benson | Sep 4, 2023
The pound starts the first week of September 0.5% up against the euro and 0.3% against the US dollar since this time last Monday. After gaining close to 1% last week against the greenback, sterling tanked late Friday afternoon in the American session as US Treasury...
read more
by Charles Purdy | Sep 4, 2023
Sterling starts the week having been climbing steadily since last Tuesday, and is well over 1% stronger than it was at the beginning of August against the euro. To lock that in with a forward contract, call your trader on 020 8108 5163. Almost exactly the reverse is...
read more
by Julian Benson | Sep 1, 2023
Personal spending in the US jumped 0.8% in July – the most since January 2023 and ahead of market expectations of a 0.7% increase. This increase reflects the US consumer’s resilience to inflation. This begs the question, could the Federal Reserve have more room to...
read more
by Julian Benson | Sep 1, 2023
Euro Area inflation remained unchanged from July’s 5.3% rate this month, higher than expectations of 5.0%. While the avoidance of rising inflation is good news for the Euro Area, the rate remains two and a half times higher than the ECB’s 2.0%...
read more
