Market News – Trump Talks Tariffs

Currency market reports

STERLING Sterling strengthened last week amid a flurry of Brexit talk although concrete progress was difficult to find. Reports towards the end of the week said UK officials do not see a Brexit deal until next year. EU officials meanwhile signalled that they are not willing to negotiate on issues such as trade until progress…

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Market News – Road to Brexit


STERLING Sterling has begun the trading week with a minor bid tone. Brexit developments last week were less than supportive, and it has been reported over the weekend that the EU will be intentionally vague with its Brexit guidelines due for release tomorrow to force UK to explain what it wants from negotiations. Meanwhile, the…

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Market News – Brexit uncertainty

Brexit Currency Global Market News

STERLING Sterling was mixed last week although the bias was tilted to the upside. The currency jumped higher on Tuesday amid reports that the European Parliament is to call for Britain to have ‘privileged’ single market access after Brexit. Losses followed on Wednesday however after soft employment data and the leak of a government document…

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Market News – UK inflation

UK inflation

STERLING Sterling was mixed last week. UK inflation data prompted a rally on Tuesday although gains soon dissipated as risk sentiment soured through the second half of the US session. Further gains were seen on Thursday amid reports that the EU had softened their Brexit transition stance. Losses followed on Friday meanwhile after UK retail…

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Market report – 24 October 2016


A relatively quiet week ahead with only a sprinkling of top tier data. Central bankers Mark Carney and Mario Draghi will be speaking on Tuesday, with any notable comments regarding their respective monetary policies likely to create further volatility. Preliminary UK GDP figures (QoQ and YoY Q3) Thursday are forecast to show a contraction in…

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Market report – 13 October 2016

Currency Market Report

GBP Sterling remains a currency that now trades almost exclusively on headlines concerning the country’s upcoming Brexit from the EU. All eyes are upon the governments right to trigger Article 50 without Parliaments consent. “The current situation is anything but stable and another slide would feed concern far more than it would help the UK’s…

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