• The Friday Forex Takeaway – Episode 28

    Key Points From This Week Chinese Manufacturing Recovers Following a plunge to record lows of 35.7 in February, the Chinese manufacturing sector rebounded firmly in March to post highs of 52.3 on the Caixin PMI index. The market had been forecasting a recovery to just 44.9 and was pleasantly surprised by the news. With lockdown […]

  • Pressure Mounts on UK PM To Extend Transition Phase Deadline

    EU/UK Trade Talks Fall From Spotlight With the COVID-19 crisis raging, the trade negotiations between the EU and the UK have understandably taken a back seat in terms of urgency. With the talks due to have started in February, but so far only seeing the initial statements from both sets of leaders, there are questions […]

  • The Friday Forex Takeaway – Episode 27

    Key Points From This Week Fed Announces Uncapped QE Program The Federal Reserve stepped up its fight against the economic threat from COVID-19 this week. Following recently cutting rates to record lows of 0.25% and announcing a $750 billion QE program, the Fed announced this week that it will now be running unlimited QE. This […]

  • COVID-19: Spanish Death Toll Surpasses China

    COVID-19 Death Toll Passes 20,000 Globally The pace of new coronavirus infections continues to rise globally and with it, so too does the death toll from the virus. In the US this week, the death till soared past 1000 while Spain moved up to second place in terms of the highest number of deaths from […]

  • Boris Johnson Announces UK Lockdown

    PM Addresses The Nation In the face of the escalating COVID-19 pandemic which is creating devastation around the globe, the British government reluctantly joined the growing number of countries enforcing lockdowns last night. In a televised address, the British PM Boris Johnson announced a new set of security measures designed to “protect the NHS” and […]

  • Pound Plummets As Johnson Gives Trade Deal Ultimatum

    Trade Talks In Crisis Already? The British Pound is heading back down towards 2020 lows today in response to the latest headlines around UK-EU trade negotiations. Official talks are due to begin on Monday though expectations are low in light of the current communications between the two sides. Both the UK and the EU set […]

  • Brexit Trade Talks On The Rocks Already?

    Leaders Clash Over Demands The outlook for the UK and EU has deteriorated a little this week as fears mount over the trade-standoff between the UK and the EU. Following the very disparate visions set out by UK and EU leaders in opening statements a few weeks ago, tensions increased this week as UK and […]

  • The Investment Bank Outlook 17-02-2020

    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 […]

  • The Friday Forex Takeaway – Episode 21

    Key points from this week RBNZ sounds more upbeat At the bank’s February meeting the RBNZ kept rates on hold as expected. However, the bank’s outlook and assessment was a little more upbeat than many were anticipating, seeing NZD trading firmly higher in reaction. The bank noted the risks from corona-virus though said that it […]

  • The IndeX Files 11-02-2020

    Corona-Virus Continues To Dictate Asset Price Moves Ongoing developments within the corona-virus outbreak continue to dominate action in benchmark global equities indices this week. Early optimism regarding the prospect of a potential vaccine helped fuel a wave of buying across high yielding assets last week, however, this move was short-lived and has seen further reversal […]

  • The IndeX Files 04-02-2020

    Equities Attempting To Recover Benchmark global equities are doing the best to recover this week despite the ongoing risk from the corona-virus outbreak. Last week, equities indices saw heavy losses as rising uncertainty dampened investor sentiment. This week, the spread of the virus has worsened with China confirming that over 20,000 cases have now been […]

  • US & UK Inflation Weaker Than Expected

    US Inflation Rises Over 2019, Weaker Over December The US was treated to a rather mixed inflation report yesterday. The CPI figures for December came in with headline inflation rising 0.2% month on month. This reading was in line with expectations though marked a decline from the prior month’s 0.3% reading. Meanwhile, the core inflation […]

  • The Friday Forex Takeaway – Episode 16

    Key Points From This Week US – Iran Tensions Subside The week started off in bad shape with risk markets selling off as tensions between the US and Iran escalated. During speeches made during a day of mourning for slain Iranian general Soleimani, Iranian leaders vowed to take revenge on the US. Late on Tuesday […]

  • BOE December Meeting Preview

    No Change Expected From Bank Of England Policymakers at the Bank of England convene tomorrow for the December rate-setting meeting and, following dovish guidance at the last meeting, Sterling is trading lower as investors remain wary of dovish risks. Last time around, we saw two BOE members voting in favour of a cut, the fist […]

  • Examining The Labour Party Manifesto

    Yesterday we broke down the main points from the Conservative party’s 2019 election manifesto. With the Conservative party projected to win the elections, a Labour party win would represent a significant market shock. The impact on the British Pound from such an outcome could be quite severe. This is especially true given the contrast in […]