News

Rishi Sunak announces plans to tackle the cost of living crisis

This week the UK finance minister Rishi Sunak announced the UK budget plans in his spring statement. The statement started by highlighting the war in Ukraine and its impacts in creating extra..

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Russia and Ukraine spook financial markets

This week financial markets have reacted to the uncertainty about whether Russia will invade the Ukraine and the response it could receive from NATO and the United States. US National security has..

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Lagarde's hawkish comments knocks the pound from its two year high

Markets displayed volatility last week as a result of Februarys MPC meetings with the Bank of England and European Central Bank. Market predictions of another interest rate hike were confirmed as the..

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Will soaring inflation result in a back-to-back rate hike?

With inflation still proving problematic the Bank of England are predicted to introduce another interest rate increase to try and tackle the ongoing issue at this month’s meeting. It is expected by..

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Euro on the backfoot versus British Pound

The EUR continued its downward trajectory versus the British Pound this week as the currency fell for a seventh consecutive week. The GBP/EUR cross has pushed to a 2-year high topping 1.2033 intraday..

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Fed releases monthly December minutes

Minutes from the Federal Reserve’s monthly December meeting showed Fed officials’ increasing desire for a faster path of interest rate hikes and a shrinking of the bank’s $8.8 trillion balance sheet...

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Central Banks Meet Again

It was a tale of two central bank meetings today as both the Bank of England (BOE) and the European Central Bank (ECB) announced their monetary policy decisions. In somewhat of a surprise the BOE..

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The Omnicron Flip-Flop

Michael Saunders, a monetary policy committee member at the Bank of England, who last month voted to tighten policy and raise interest rates, has suggested there could be advantages on waiting for..

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New Virus New Threat

After what seemed like a quiet week, financial markets exploded into life as the threat of a new Coronavirus mutation, called B.1.1.529, emerged from southern Africa. This sent markets into a..

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Inflation Inflation Inflation

This has been a very exciting week for the GBP/EUR exchange rate as the Pound has reached its highest level in 2021 trading above 1.19. This increase was as a result of ECB Governor Andrew Bailey..

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