Pound rebound since Brexit vote

Early on this month the number of jobs added to US non-farm payrolls in January soared to 227,000, Economists had expected a rise of 175,000 jobs during the last month, but the measure instead jumped to its highest point since July. However disappointing wage growth reduced expectations of another interest rate rise from the Federal Reserve, with a March move at this stage was given just a 9 percent chance from about 18 percent Thursday and as a result the USD was sold off. The tone continued with...

IMF raises forecast of UK's economic growth

Manufacturing in the Eurozone started 2017 with a bang yesterday after figures showed the biggest ramp-up in production across the bloc for five years.The purchasing managers’ index (PMI) data for Eurozone factories reached 54.9, comfortably above the 50 mark that separates growth from contraction.

Early on this month the number of jobs added to US non-farm payrolls in January soared to 227,000, Economists had expected a rise of 175,000 jobs during the last month, but the measure instead jumped to its highest point since July. However...

Manufacturing in the Eurozone started 2017 with a bang yesterday after figures showed the biggest ramp-up in production across the bloc for five years.The purchasing managers’ index (PMI) data for Eurozone factories reached 54.9, comfortably...

2016 will forever be remembered for the impact political unrest has had on the currency markets. Businesses involved in Foreign Exchange have all been impacted by the UK’s decision to leave the EU. A controversial celebrity being elected as...

In September The Bank of England revealed the details of its £10bn money-printing programme, in which it will buy high-quality company bonds. The central bank said it aimed to buy bonds so that its holdings were representative of the British...

A quarterly business survey by the CBI reveals optimism about the UK economy among British businesses has fallen at the fastest rate since January 2009. More than half of businesses surveyed said they were less optimistic about the business...

The Bank of England’s Martin Weale signalled that he is not yet ready to vote for an interest rate cut in what will be his final meeting as a member of the Monetary Policy Committee.

On Tuesday 28th June UK financial markets remain volatile in the wake of the Brexit vote, with sterling plunging to a 31-year low against the dollar after Standard & Poor and Fitch downgraded the UK’s credit rating yesterday.

On Tuesday 28th June UK financial markets remain volatile in the wake of the Brexit vote, with sterling plunging to a 31-year low against the dollar after Standard & Poor and Fitch downgraded the UK’s credit rating yesterday. S&P downgraded...

UK Construction PMI figures fell to 46.0 in June, down from 51.2 in May, the seasonally adjusted figure dropped below the neutral 50.0 threshold for the first time since April 2013. The latest reading pointed to the weakest overall performance...


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