Sterling extended losses Tuesday after the latest IHS Markit survey showed the beleaguered U.K. construction industry returning to the doldrums in September, prompting some economists to suggest the sector could soon return to recession.
October 2,2018
The Pound may have won a reprieve last month as the latest Bank of England data has revealed that foreign investors returned to the U.K. government bond market in August, after going on "strike" back in July.
October 1,2018
The Eurozone manufacturing PMI declined to 53.3 in September according to IHS Markit, the lowest level in 2 years.
September 21,2018
After weeks of speculation, the governor of the Bank of England Mark Carney has said he will be officially staying on as governor for an extended term of 7 months until January 2020.
September 11,2018
We believe markets might be overlooking an important consideration that will likely keep the ECB on this path, regardless of the data: the poor state of the Eurozone's retail banking sector.
September 11,2018
The UK export sector boomed in July and during the recent quarter, according to Office for National Statistics data released Monday, helping to lift the economic growth rate to its highest level in more than a year but the jury is still deliberating on the question of how long this performance can go on for.
September 10,2018
Foreign exchange markets will be in full flow on Tuesday, September 04 as US and Canadian markets return from their Monday holiday, as do UK politicians.
September 4,2018
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