News 

13 May 2015

Exporters: Consider Your Strategy as GBP-EUR Strengthens

Sterling weakened significantly in the run up to last Friday’s UK elections as currency traders and businesses anticipated a possible hung parliament followed by the chances of a weak coalition thereafter.


The surprise win by the conservatives blew away many of these concerns  and sterling benefited from its strongest recovery in over 6 years against many global currencies including the Euro immediately following the exit poll results.


So what is next for sterling?


Euro-Sterling moved from just under 0.75 to 0.70 after the elections, proving that the city got what it wanted. ...

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08 May 2015

The British Pound is Going Wild!

It’s been a huge victory today for the Conservatives in the UK elections with one of the most closely contested elections in British history.

 

The buoyant sentiment has had a similar effect on the exchange rates for the British pound, with a massive spike.

 

As you can see from our graphs below (which you can find at the bottom of our main webpage here), the surge has been spectacular. ...

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27 Apr 2015

A brief look at the news today

The ECB has stated today that financial integration in Europe has returned to a level close to that recorded before the sovereign debt crisis, in a new report published at a Conference on Financial Integration and Stability held together with the EU Commission in Brussels.


Both the NASDAQ and the S&P 500 closed at new all-time highs last week hitting levels last seen at the peak of the dotcom bubble.


Globalisation is unravelling according to the Washington Post. ...

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22 Apr 2015

What you need to know about the markets today

Good morning! There are a number of items in the news this morning.


Japan posted its first trade surplus in three years.

Japanese exports grew by 8.5% and its imports shrank by 14% boosted by the sales of Japanese vehicles and machinery helped by low cost of oil and a recovery in the US.


Australia reported healthy inflation.

The consumer price index (CPI) rose 0.2% in the first quarter bringing the annual rate to 1.3% compared with a year earlier, which was slightly higher than expected.


Global stock markets rise.

Hong Kong's Hang Seng (+2.8%) led the way in Asia, and Germany's DAX (+0.5%) paces the advance in Europe.


Yahoo misses forecasts.

Yahoo’s first quarter net income fell 93% year on year, missing Wall Street's revenue and profit. ...

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20 Apr 2015

What you need to know about the markets today

Good morning! There are a number of key items to keep an eye on this week.


Markets not interested in what Draghi has to say. ...

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17 Apr 2015

10 things to know about the markets today


Good morning! We’ve put together a list of the latest news items you need to be aware of today along with the latest exchange rate information.

Eurozone inflation is coming. ...

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