In a week’s time, we’ll find out who the next US president will be, and understandably politics is clearly overshadowing economics at the moment. The latest poll from ABC News/Washington Post showed Hillary Clinton and Donald Trump neck and neck, with Donald Trump leading by a single percentage point, at 46% to 45% – Trump’s […]

Friday’s data over the pond showed that the US economy grew at its fastest pace for 2 years in the 3rd quarter of this year, giving the Federal Reserve a huge backing with regards to their likely interest rate change in December. The growth was predicted to be around 2.5% but they outdone themselves with […]

The Office for National Statistics stated that the UK grew by a healthy 0.5%, defying all Brexit fears.

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

Yesterday the pound pushed higher in early trading following confirmation that UK inflation rose 0.2% in September against an expectation of 0.1% and pushing the year on year number to 1.0%. Later in the day further Brexit uncertainties actually played in the pounds favour. News from a hearing in the High Court indicated that the […]

The city is in shock this morning, as Sterling crashed by more than 6% in Asian trading, taking it to a new 31 year low, and the biggest move since Brexit. With speculation circling trading floors around the world as to what exactly caused the movement, algorithms, fat fingers, and mounting fears over a ‘hard’ […]

The pound fell sharply yesterday in early morning trading, as markets reacted to the latest instalment of Brexit. Over the weekend, Prime Minister Theresa May used her speech at the Conservative party conference in Birmingham to pledge that the UK will formally trigger Article 50 of the Lisbon Treaty before the end of March 2017, […]

The pound suffered huge losses in late Friday trading, compounded by a mix of strong US inflation numbers and more critically the fact that the Bank of England maintains its stance that more Brexit pain is due to come. Adding to that, reports emanated on Friday afternoon that Chancellor Hammond has given up on retaining […]

The Bank of England rate decision meeting didn’t provide any fireworks yesterday, as UK policymakers voted 9-0 in favour to keep interest rates unchanged. Despite signalling further rate cuts in the future, the decision didn’t come as a surprise considering the amount of stimulus they introduced last month. The central bank is monitoring recent data […]

Sterling strength continued last week following the surprising news that UK data rose above expectations. The recent data throughout the past couple of weeks has contributed massively in easing concerns of an immediate post Brexit shock to the economy. We should expect to see rising tension in the newly-formed Cabinet today following PM Theresa May’s […]