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Market Update - 10th July 2024.
10th July 2024
Despite the UK hitting the Bank of England’s 2% inflation target in May, retail sales data indicated a drop in purchases last month of 0.2% year-on-year in comparison to the 4.9% growth in June 2023.
Market Update - General Election Results 2024.
5th July 2024
This morning, UK financial markets have displayed a muted but positive reaction to the La-bour Party's landslide victory, with the FTSE 100 up 0.3% and the pound also eking out gains.
Market Update - 3rd July 2024.
3rd July 2024
Yesterday morning, Eurozone inflation came in showing a slower growth of 2.5% in June, in contrast to 2.6% in May.
Market Update - 26th June 2024.
26th June 2024
This week, hawkish comments from the Bank of Japan’s (BoJ) policymakers have markets wondering whether their quantitative tightening plan being unveiled in July will be bigger than originally thought.
Market Update - 19th June 2024.
19th June 2024
Earlier this morning, the latest UK CPI report revealed inflation has eased to the Bank of England’s 2% target on year in May, down from 2.3% in April - something only last seen back in July 2021.
Market Update - 12th June 2024.
12th June 2024
Well, we've already seen the ECB cut rates last week by twenty five basis points, and this week the Bank of England were given some important data to digest ahead of their next interest rate decision meeting on the 20th of June.