Trouble Brewing at No. 10 Again – 13th November 2017
Trouble Brewing at No. 10 Again - 13th November 2017 Just about the only plank of support Sterling was receiving was unceremoniously removed over the weekend as another rebellions brewed to challenge emerged to the leadership of Prime Minister Theresa May with Boris Johnson and Michael...
UK Retail Sales Supports Sterling – 10th October 2017
UK Retail Sales Supports Sterling - 10th October 2017 During early September 2017, traders bought into Sterling on the belief that there was going to be an imminent interest rate rise from the Bank of England. On the surface, the UK economy is a long way...
Worst week in a year for Sterling – 9th October 2017
Worst week in a year for Sterling - 9th October 2017 Given the pressure that has been developing on Theresa May from members of her own party (notably from the previous Tory Party Chairman last week), messages of support for Prime Minister Theresa May coming from...
Sterling Exposed as Theresa May Fights for No. 10 – 6th October 2017
Sterling Exposed as Theresa May Fights for No. 10 - 6th October 2017 The ongoing political tension that has been circling the Conservative Party since its disastrous election campaign in June boiled over yesterday as Grant Shapps, the former Tory Party Chairman, said he now has thirty...
All eyes on the ECB today – 7th September 2017
All eyes on the ECB today - 7th September 2017 The big news today is the upcoming announcement by Mario Draghi on the outcome of the ECB policy meeting and any comments about the possibility of a tapering of the quantitative easing programme. Expectations are that...
Bank of Canada Raises Interest Rates – 13th July 2017
Bank of Canada Raises Interest Rates - 13th July 2017 The Bank of Canada's Stephen Poloz seized the interest rate torch from the Fed's Janet Yellen on Wednesday by increasing interest rates to 0.75% while Ms Yellen's testimony to Congress made it sound as though she...
Sterling falls as North American data leads the way – 10th July 2017
Sterling falls as North American data leads the way - 10th July 2017 It wasn't actually that surprising was it that US President Trump distanced himself from other world leaders at the G20 summit in Hamburg over the weekend however, more surprising was that it had...