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
by Julian Benson | Sep 1, 2023
Speaking in Cape Town yesterday, Huw Pill presented two options to control UK inflation, recommending the Table Mountain model which would have interest rates rise sharply and come down at a faster rate. Speaking at the South African Reserve Bank’s Biennial...
read more
