Here’s the Spring Budget at-a-glance
Philip Hammond started off with a remark that Chancellors in his position rarely get to make during a Budget announcement; [...]
Currencies
Sterling spikes to two-month high against the euro
Firstly, a new opinion poll ahead of the upcoming French Presidential elections has suggested that the National Front candidate, Marine
Pound gains 1% on euro
It was another strong day for the pound after a sluggish start saw it gain 1% on the euro and
The euro continues down road to recovery
The euro managed to find support from stronger than expected industrial production activity in the Eurozone. Since the beginning of
Sterling and access to the single market
Sterling weakness continues Last week’s currency movements could potentially be a preview of what to expect for 2017. The US
Pound slumps on EU ambassador resignation
The pound lost ground yesterday, following surprise news that the EU ambassador Sir Ivan Rogers had resigned.
French Mortgages and the Fall in the Value of Sterling
With the pound falling 16% against the euro since the Brexit referendum result, many potential buyers of French property are understandably reluctant/hesitant to crystallise the loss in the value of the pound when committing sterling to finance their house purchase in France.
US election causes nerves for investors
In a week’s time, we’ll find out who the next US president will be, and understandably politics is clearly overshadowing
US economy grows by 2.9%
Friday’s data over the pond showed that the US economy grew at its fastest pace for 2 years in the
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