Uncategorized news

Bank of England facade seen from below in a grey tone

The Pound dips as fears of Bank of England’s interest rate cut grow

UK inflation data fuelled interest rate cut expectations Interest rate cut expected, but not a done deal   Sterling is likely to remain under pressure in the following days as fears of an interest rate cut from Bank of England…
British banknotes spread

Sterling vulnerable after disappointing GDP data

Sterling calm after poor GDP and ahead of potential rate cut Chinese data sharply better US inflation due in the afternoon   Apart from the Sandringham summit, yesterday’s news was dominated by the disappointing UK Gross…

UK election in the spotlight for Sterling strength

The General Election in the UK is currently dominating market, business and consumer sentiment. Dubbed “The Brexit Election”, the results of this election will have a significant impact on Sterling strength, whatever the outcome, and indeed, wherever one’s personal political allegiances may lie.