News & Insights

28/05/2024

Market Insight 28-05-2024

Inflation did not decrease as much as anticipated, and with a general election announced for the 4th of July, the expectation of a June interest rate cut by the BoE was all but dismissed.

24/05/2024

Market Insight 24-05-2024

PMI numbers from the US unexpectedly rose in May, reaching the highest levels since April 2022.

23/05/2024

Market Insight 23-05-2024

GBP maintained some gains following the CPI report, though momentum was lacking, possibly due to speculation about a potential snap election on 4th July.

22/05/2024

Market Insight 22-05-2024

The GBP performed well throughout the morning but relinquished its gains by the European close, likely due to some apprehension ahead of this morning’s inflation figures.

21/05/2024

Market Insight 21-05-2024

GBP appreciated amid a generally higher risk appetite in the markets.

20/05/2024

Market Insight 20-05-2024

USD weakness persisted into the weekend as market activity focused on US data points, suggesting that the Federal Reserve may need to cut interest rates later this year.

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