“Risk On” Overshadows Lack of Progress in UK/EU Trade Talks

Sterling rallied last week despite the lack of progress in the UK/EU trade talks. The “risk on “tone took centre stage downplaying the negative sentiment surrounding the UK/EU trade talks. Equity markets surged with several markets up by more than 8% for the week.

2020-06-22T15:03:48+00:00June 8th, 2020|

Market to Focus on UK/EU Trade Talks Whilst US Unemployment Could Hit 20%

Last week Sterling manged to reclaim some of the losses of recent weeks as comments from various BoE officials helped taper concerns of the prospect of negative interest rates ahead of the economy preparing to reopen. Today, schools reopen their gates to a limited

2020-06-22T15:05:07+00:00June 1st, 2020|

UK lockdown plans released as BoE leaves door ajar for more stimulus

Markets were focused on three key events last week, the Bank of England rate decision, PM Johnson’s statement regarding the lockdown, and from the US, the labour data figures. Looking further afield, key economic data across the major economies remained negative last week but

2020-05-11T12:21:20+00:00May 11th, 2020|

US Dollar Trades at a 3 Year High as Coronavirus Concerns Grows

Last week we saw sterling test the upper end of its recent trading range as positive economic data continued to reinforce the declining probability of rate cut from the centre bank in the short and medium term. It was suggested at the January Bank

2020-04-06T10:48:35+00:00February 24th, 2020|