UK Economy

According to the stress tests carried out by the Bank of England this week, the UK banking sector is “resilient” enough to withstand even a worst-case “no-deal” Brexit scenario. Worst Case Scenario Each of the UK’s main banks underwent… Read More

Now that the UK election is over, at least the political side of Brexit seems on firmer footing going forward. Therefore, attention is turning away from the divorce drama and back to the underlying data. The UK leaving in January… Read More

The ongoing US-China trade war has taken a heavy toll on global trade over the last two years. Worldwide, manufacturing readings have been trending lower across developed and emerging economies alike. In the G10 bloc, the downturn in… Read More

Overnight and tomorrow we have a set of data releases that could directly affect the price movement of major currencies. The NZ inflation data is especially interesting since it's only published once per quarter. And investors are really… Read More

There is a substantial amount of market-moving data coming out of Europe tomorrow. The most important is likely to be employment data from the UK. The rate of job seekers is likely to stay at the lowest since the '70s. Half an hour… Read More

Tomorrow is projected to be a very busy day for the pound sterling. We have the release of several important data points that routinely move the market. That's aside from the continuing saga of Brexit, and increasing fears that the UK… Read More

Pound Has Been Under Pressure GBP has been under increasing pressure over recent months as the uncertainty around the Brexit outlook increases. This uncertainty is being driven by the Conservative party leadership contest which is… Read More

This week is going to be important for the pound on an economic front. While the headlines continue to focus on the Tory leadership contest and what that means for Brexit, we can't forget about key economic data. The first of the three… Read More

Tomorrow we get the first major economic data release out of the UK for the week. Thanks to Brexit,  the underlying economic performance and what moves the currency doesn't get as much coverage as it deserves. One of the main indicators… Read More