Market Update
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Mark Carney, Phillip Hammond, Prime Minister, Sterling, UK, Uncategorised
- June 27, 2017
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Britain’s messy election outcome and a weakening of the housing market have caused a sharp of loss of confidence among consumers, leaving the country dependent on exports to avoid a recession, according to a survey published today. An index of consumer confidence produced by polling firm YouGov fell back to just above levels last seen […]
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What will affect Sterling this week?
- Posted by currencies in Bank of England, Bremain, Brexit, Budget, Currency, Dollar, Economy, EUR, GBP, Inflation, Mark Carney, Phillip Hammond, Prime Minister, Sterling, UK, Uncategorised
- June 26, 2017
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Last week was pretty underwhelming as the Prime Minister is still yet to form her Government, and it seems Brexit negotiations have started pretty smoothly (Not sure how long it will last though!). Only a week ago, the Conservative Party said that if Theresa May went for a “Soft Brexit” then they will “Oust” her […]
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Sterling will stay under pressure
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Referendum, Sterling, UK, Uncategorised
- June 12, 2017
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Sterling gave back early gains against the dollar to trade flat today, back under pressure after British general elections that yielded no clear majority for any party and threatened to undermine Brexit talks later this month. Prime Minister Theresa May reappointed most of her ministers on Sunday but brought a Brexit campaigner and party rival […]
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5 polls expected today
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Sterling, UK, Uncategorised
- June 7, 2017
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Britain entered the final day of campaigning ahead of a parliamentary election that will define its approach to leaving the European Union but has been overshadowed by two militant attacks in as many weeks. Prime Minister Theresa May unexpectedly called the June 8 election seven weeks ago, seeking to boost her parliamentary majority ahead of […]
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All Eyes On Thursday
- Posted by currencies in Bank of England, Brexit, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Sterling, UK, Uncategorised
- June 6, 2017
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In Britain, the latest opinion poll, by Survation for ITV television, showed Prime Minister Theresa May’s lead over the opposition Labour Party holding at just 1 percentage point ahead of the election. The dollar hit a six-week low against the safe-haven yen on Tuesday as caution mounted ahead of Britain’s election, a European Central Bank […]
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Sterling – Volatile week ahead
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Sterling, UK, Uncategorised
- June 5, 2017
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Sterling recovered ground today after falling half a cent against the dollar in early Asian deals as traders reacted to another militant attack over the weekend in London ahead of Britain’s national election this week. Saturday’s attack – the third in England in three months. Sterling has wobbled over the past two weeks, with investors’ […]
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UK Construction & Manufacturing Boost UK Economy
- Posted by currencies in Bank of England, Bremain, Brexit, Budget, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Sterling, UK, Uncategorised
- June 2, 2017
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British construction activity grew at its fastest rate since the end of 2015 last month, as a pick-up in housebuilding helped builders shake off a lack lustre start to the year, a survey showed this morning. The Markit/CIPS construction purchasing managers’ index (PMI) jumped to 56.0 from 53.1, its highest since December 2015 and above […]
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Pound declines – Latest YouGov poll shows no majority election win
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Inflation, Prime Minister, Sterling, UK, Uncategorised
- May 31, 2017
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The British pound dropped today after a new poll found that British Prime Minister Theresa May’s Conservative Party risks falling short of an overall majority in the June 8 national election. New constituency-by-constituency modeling by YouGov showed the Conservative Party might lose 20 of the 330 seats it holds while the opposition Labour Party could […]
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UK GDP grows at slowest pace in a year
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Inflation, Mark Carney, Prime Minister, Retail Sales, Sterling, UK, Uncategorised
- May 25, 2017
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Britain’s economy slowed more than previously thought in the first three months of 2017 as rising inflation boosted by last year’s Brexit vote took a toll on household spending, official figures showed on Thursday. Just two weeks before Britons go to the polls in an early election called by Prime Minister Theresa May, the Office […]
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Sterling Stayed Subdued
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Sterling, UK, Uncategorised
- May 24, 2017
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Sterling stayed subdued, hovering below seven month-highs against the dollar as investors awaited further developments in Britain’s suspended election campaign after a suicide bombing rocked the English city of Manchester. Britain’s main political parties agreed to suspend campaigning ahead of the June 8 election until further notice following Monday night’s explosion in Manchester that killed […]
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