Daily Market Brief

Sterling Gains on Brexit Optimism Pound at two-month high Despite British Prime Minister Theresa May denying that a financial agreement has...

Sterling up ahead of CPI inflation data Markets were fairly quiet yesterday as the US was closed for Martin Luther...

UK Brexit Concession Drives Sterling Higher May Concedes Ground There has apparently been a breakthrough in the negotiations for the UK...

Rate expectations hold GBP back Sterling weakened for the 3rd straight week as data delivers concern over UK growth. Construction...

Sterling Driven by Threats and Promises Hard Brexit becoming a real possibility Despite conciliatory words and veiled promises, the EU’s leadership...

Weekend woes Sterling was sold off before the BoE vote, in anticipation of moving back to a 9-0 vote, but...

Data and Politics Drive Euro Higher Social Democrat U-turn to rescue Merkel The Euro climbed by 0.80% versus the...

Sterling stabilised ahead of BoE meeting In fairly quiet market conditions yesterday, Sterling stabilised slightly ahead of the BoE meeting...

Brexit Deal Hopes Support Pound May in Brussels to increase cash offer Traders have shrugged off the budget as...

USD broadly higher Last week, Sterling lost nearly 2%, touching a five yr low for Cable (close to $1.45) as...

China calms before US NFP The UK Trade Balance posted a deficit of £2.45bn (Vs. 3.55bn forecast), but this is...

Sterling on back foot Sterling reacted logically to poor UK PMI data. Lower inflationary pressures mean the BoE is more...