Economic Updates

 

Theresa May faces MP questions over Syria airstrike

16th April 2018
UK Prime Minister Theresa May, is set to come under pressure this morning as she faces questions from MP's about the UK’s involvement in the Syrian airstrikes over the weekend.

A boost for the Pound

10th April 2018
Risk appetite returned to markets yesterday following reassuring news regarding the potential for a trade war between the US and China. President Trump tweeted positively about his relationship…

Dollar declines on the back of bearish US labour data

9th April 2018
The US labour data disappointed markets on Friday, as the headline non-farm payroll posted a bearish 103k, compared to 188k expected. The unemployment rate figure disappointedly remained static at…

Sterling dipped through key support barrier against Dollar yesterday

6th April 2018
Sterling dipped through a key support barrier against the Dollar during yesterday’s afternoon trading session following weak data out of the UK. The Services PMI fell to a 20-month low, signs that…

Euro at 10-day low against Dollar

5th April 2018
Risk aversion was a key theme in yesterday’s markets as trade wars continued to dominate headlines in all major media outlets. President Trump took to his favoured outlet, Twitter, indicating that…

Increasing tension surrounding potential trade war

4th April 2018
The Euro came under pressure yesterday afternoon following weak data out of the region’s largest economy. German Retail Sales fell 0.7% month on month in February in addition to a 15-month low in…

Bearish pressure on the Pound eased

3rd April 2018
Bearish pressure on the Pound was eased going into the Easter weekend as the UK’s current account deficit came in better than expected at £18.44 billion, £5.5bn better than the consensus figure.

UK set to leave the EU one year today

29th March 2018
The Euro traded down on the Dollar yesterday as a result of a combination of end of month flows and the final US GDP figure coming in at 2.9%, a significant upward revision of the original…