EUR: Euro slips following inflation figures

After strengthening against the pound and dollar yesterday, the euro has started this morning slightly weaker. Inflation figures for France and Spain met expectations, rising to 6.8% and 10.8% respectively. Next week, inflation figures for the eurozone will be...


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GBP: UK economy shrinks in Q2

The pound weakened against the euro yesterday but saw a boost against the dollar after a fall in US inflation. This morning, sterling is slightly weaker against the dollar. This morning, GDP figures revealed that the UK economy contracted by 0.1% in the second quarter...


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Pound weaker as UK economy shrinks

Sterling ends the week slightly weaker against the euro and the dollar following UK GDP data. The UK economy contracted between April and June, albeit by less than markets had been expecting. Soaring energy prices are the main cause of this contraction, with the...


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Hardship ahead for Britain’s Housing market.

More hardship is on the horizon for the housing market as the RICS UK Residential Market Survey prediction is at 61%. Housing prices continue to soar following the Bank of England’s biggest rate hike in nearly 30 years last week. Tory leadership candidate Liz...


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