by Charles Purdy | Dec 6, 2022
The dollar rallied against other major currencies as the business day came to a close yesterday. This was due to the latest ISM services figures beating market expectations. America’s latest Producer Price Index is forecast to rise gently to 0.3% in...
read more
by Charles Purdy | Dec 6, 2022
Over the course of the last 7 days the euro has experienced choppiness against both sterling and the US Dollar. For the EUR/GBP currency pair, this choppiness has meant the euro currently falls marginally lower against sterling compared to this time last week. Against...
read more
by Charles Purdy | Dec 6, 2022
Just as Britain anticipated a wave of strikes impacting its economy over Christmas, the Rail, Maritime and Transport union announced an extra set of strikes just yesterday, in their dispute over pay, jobs and conditions. The additional strikes will take place between...
read more
by Charles Purdy | Dec 6, 2022
Leader of the labour party, Sir Keir Starmer has argued that the UK re-joining the EU’s single market would not boost the country’s economy, but rather create “years of uncertainty” for UK business. The statement was made in an interview with BBC Radio 4’s Today...
read more
by Christopher Nye | Dec 5, 2022
There will be several data releases over the course of this week however, a key one to watch will be America’s balance of trade which is scheduled in for tomorrow after lunch. In the previous data, the US trade gap widened to a three-month high of $73.3bn, from...
read more