Pound Sterling eased from recent highs against the Euro, Dollar and other currencies in the final session of the week after retail sales were reported to have fallen further than expected in July with declines seen across most product categories but partially attributed to rainy and overcast weather during the period.

August 18,2023

Pound Sterling edged higher against many counterparts after Office for National Statistics (ONS) data indicated continued record growth in wage packets during June but also confirmed what appear to be cracks emerging in the overall labour market. 

August 15,2023

Official measures of supply and demand suggest an economy growing faster than many expected including the Bank of England (BoE), leading to forecast upgrades in some parts this week and increased uncertainty about the outlook for interest rates. 

August 11,2023

A business investment boom might be underway in the UK as businesses utilise their considerable cash balances amidst an improved political landscape and despite rising interest rates.

August 11,2023

European natural gas prices surged by as much as 40% on Wednesday, before closing the day 27% higher, in a move that reignited fears of another potential gas-driven inflationary crisis for European households and industry.

August 10,2023

When will interest rates go down? Money market data and guidance from the Bank of England suggest the first interest rate cut could occur towards the autumn of 2024, but there are signs the cost of borrowing is already coming down.

August 9,2023