• The Investment Bank Outlook 01-06-2020

    In our Investment Bank Outlook each week, we bring you a selection of perspectives from leading investment banks to outline the key issues and directional views for the week ahead. These excerpts, taken from research notes, will cover issues such as key market themes, economic releases, as well as any major trends and levels to […]

  • COVID-19 Vaccine Hopes Increasing

    Just one month on from countries across the globe suffering COVID-19 deaths in the high hundreds and still facing weeks of lockdowns, the landscape has shifted dramatically. Around the world now, countries are coming out of lockdown and beginning to return to some sense of normality. With infection rates and death tolls dropping steadily across […]

  • Manufacturing PMIs Recovering in May

    Eurzozone Factory Activity Rebounding On the back of the heavy downtrend in data seen over the last two months, there are finally some positive signs emerging in the Eurozone. The flash manufacturing PMI for May rose to 39.5 from the prior month’s record low of 33. The reading, which was also higher than the 38 […]

  • UK Data Goes From Bad To Worse

    Inflation Lowest Since 2016 UK inflation fell by almost half last month, tumbling from 1.5% in March to just 0.8% in April as the COVID-19 fallout continues to wreak havoc on the economy. The decline has taken inflation back to its lowest level since mid-2016 and highlights the heavy downside drag being caused by the […]

  • UK Recession Fears Growing Following GDP Plunge

    Negative UK Growth Readings The British Pound has come under renewed selling pressure today in response to the latest UK data released this morning. The UK GDP figure for March came in at -5.8% on the month, marking the sharpest monthly contraction since the Office for National Statistics began compiling data in 1997. The data […]

  • The IndeX Files 12-05-2020

    Recovery To Take Longer Than Thought? Global equities benchmarks have been broadly supported, with indices across the US, Europe and Asia, trading in the green this week. However, upside momentum has been weakened and moved so far have bee shallow. The fundamental backdrop continues to be driven by the shift in focus towards the recovery […]

  • BOE Warns Of Historic Economic Crash

    Unprecedented Recession The Bank of England had a stark message for the market when it met for its May monetary policy meeting this week. Despite holding policy unchanged at current levels, the BOE warned that the UK economy is due for an “unprecedented” crash, not seen since 1706. While the decision to keep rates on […]

  • The Friday Forex Takeaway – Episode 33

    Key Points From This Week US/China Tensions Increase Relations between the US and China have deteriorated once again this week in the wake of accusations made by the US against China with both Trump and secretary of state Mike Pompeo claiming to have seen evidence that COVID-19 was created in a Chinese lab. Markets had […]

  • UK/US Trade Talks Begin (Remotely!)

    First Round Talks Underway In a sign that countries are beginning to look beyond the current COVID-19 situation and begin focusing on resources on other issues once again, the US/UK trade talks got underway this week. The talks, which have begun remotely between the UK’s international trade secretary Liz Truss and the US trade representative […]

  • UK PM Returns Following COVID-19 Recovery

    UK Lock-down Adjustments Coming Boris Johnson’s return to office this week, following two weeks of recovery from COVID-19, during which time Dominic Raab deputised for him, marks a significant step in the UK’s journey back from the depths of lock-down hell. Despite the UK officially being under stay-at-home orders until May 7th, there has been […]

  • UK April PMIs Worst on Record

    PMI Readings Plummet The latest set of PMI data sets out of the UK and Europe today cast further light on the damage being caused to individual economies by the ongoing COVID lock-downs which are still in place. The Purchasing Managers’ Indexes are some of the most keenly watched data releases each month. Comprised by […]

  • Brexit Trade Talks Resume Amidst COVID Crisis

    Brexit Rears Its Ugly Head Once More If it is true that there must be a silver lining in all time of hardship, perhaps the only upside to the ongoing COVID-19 crisis is that at least media coverage has a new topic to bombard us all with and we haven’t had to hear about Brexit […]

  • The Friday Forex Takeaway – Episode 30

    Key points This Week Trump Pulls WHO Funding The controversy surrounding Donald Trump’s presidency went up another gear this week as Trump announced that he was pulling US funding for the WHO. Following the WHO criticising Trump over his initial handling of the outbreak in the US, accusing Trump of wasting time and not taking […]

  • COVID-19: Lock-downs Extended, UK PM In Intensive Care

    COVID-19 Dampening Spring Spirit With Europe and America moving through Spring and many countries seeing an agreeable spike in temperature, this is usually a bright and optimistic time of year. However, given the current situation, the war, weather and blue skies are just a picture in a window frame for many as the global lock-downs […]

  • The IndeX Files 07-04-2020

    Optimistic Tone To Asset Markets Global equities benchmarks have started the week in a positive manner with asset prices improving across the board. Following a retracement lower last week across key indices, we are now seeing a continuation of the initial recovery which started in the final week of March. The lock-downs in place around […]