Our latest news
The outlook for Sterling brightens (17 Feb 2021)
The number of people in Britain who received a first dose of the COVID-19 vaccine hit 15.6m which helped improve sentiment since investors believe this will help the economy reopen and recover faster. The Daily Mail reports the UK could return to work by July; any...
CABLE (GBPUSD) reaches 3 year high (10 Feb 2021)
GBPUSD reached $1.38, a level not seen since April 2018. One reason for the staggering move is down to the more bullish outlook for the UK economy. Hopes are pinned on the fast vaccine roll-out to improve economic output. A Financial Times study revealed the current...
NZ$ remains strong, but will this last? (9 Feb 2021)
The NZ$ has performed very well since the Covid outbreak in March 2020 but there are risks ahead.Two recent bouts of NZ$ strength in Dec and Jan has helped thanks to the broadly positive market sentiment in financial markets (stock markets) and the weakening US...
Beijing increases COVID-19 emergency response level (30 second read)
On Tues 16th Beijing announced the closure of schools and advises people not to leave the city unless necessary. Added to this worrying news reports from Florida and Texas of a jump in COVID-19 cases has heightened the risk in financial markets. Watching risk...
UK unemployment rate 0.1% higher for the three months to April 2020 at 3.9% (3 min read)
Early indicators for May 2020 suggest that the number of employees in the UK on payrolls is down over 600,000 compared with March 2020. The Claimant Count has continued to rise, enhancements to Universal Credit as part of the UK government's response to the...
Words not deeds cause volatility (2 min read)
2 mins read A fortnight ago Trump announced another new 10% import tax on €300bn of Chinese goods from 1 September and investors reacted by flocking in droves to the safe-haven Japanese yen and running away from Australian dollar. Yesterday he postponed the tariff...
