UK economy grows by 0.5%
The Office for National Statistics stated that the UK grew by a healthy 0.5%, defying all Brexit fears.
Sensitivity in Sterling
For a nice difference, we actually saw some strength in Sterling following the positive comment from a UK government lawyer that any Brexit deal would likely need to be ratified by the UK Parliament
Pound Gains on news from Brexit Hearing
Yesterday the pound pushed higher in early trading following confirmation that UK inflation rose 0.2% in September against an expectation
Sterling falls sharply – 6% down
The city is in shock this morning, as Sterling crashed by more than 6% in Asian trading, taking it to
Pound sinks after Article 50 deadline announced
The pound fell sharply yesterday in early morning trading, as markets reacted to the latest instalment of Brexit. Over the
Sterling sinks as UK mulls leaving single market access
The pound suffered huge losses in late Friday trading, compounded by a mix of strong US inflation numbers and more
No fireworks from the Bank of England meeting
The Bank of England rate decision meeting didn’t provide any fireworks yesterday, as UK policymakers voted 9-0 in favour to
Sterling continues to strengthen
Sterling strength continued last week following the surprising news that UK data rose above expectations. The recent data throughout the
Sterling rebounds
Sterling rebounds following the CPI data release Sterling rebounded positively this morning on the back of a better than expected
UK interest rates cut to 0.25%
The main story dominating the market yesterday was the Bank of England’s decision to cut interest rate by 25bp, to