by Julian Benson | Oct 25, 2022
Yesterday’s economic adjustments were largely overshadowed by news of Rishi Sunak’s appointment as the UK’s new prime minister. Following a night of ups and downs on Sunday, the pound rose against the US dollar yesterday, but quickly fell. Today, it’s been quite...
read more
by Charles Purdy | Oct 24, 2022
Dollar marginally lower against sterling and euro compared to this time last Monday. Today S&P global composite PMI flash for October will be released a 2:45pm UK time. In the previous data, the index was revised slightly higher to 49.5 (from a preliminary of...
read more
by Charles Purdy | Oct 24, 2022
The euro begins this week marginally up on where it was against the dollar this time last Monday despite yesterday’s choppiness. Against the pound it is also stronger than it was 7 days ago. Markets can expect lots of interesting data from the eurozone this...
read more
by Charles Purdy | Oct 24, 2022
Sterling begins this week stronger than last Monday after a choppy week against the dollar. Against the euro, sterling remains largely unchanged despite last week’s highs and lows. This comes after Liz Truss’s resignation as prime minster last Thursday and Boris...
read more
by Christopher Nye | Oct 24, 2022
Former prime minister Boris Johnson withdrew his candidacy in the PM leadership to replace Liz Truss as PM. Johnson announced last night at 9pm that it “would simply not be the right thing to do”. Shortly after his announcement, sterling made brief gains...
read more
