CitiIt’s looking like a blue Christmas for the UK, with a new Covid-19 variant, lockdown measures, and no Brexit deal either. GBP has been dragged to 1.33 handle as a consequence, and there may be...
The Friday Forex Takeaway Episode 62
Key Points From This WeekCOVID Vaccinations BeginRisk sentiment broadly improved this week as the first sets of COVID vaccinations began in the UK. This comes on the back of the UK government...
Markets Receive Boost Amidst First COVID Vaccinations
First Vaccinations Take PlaceRisk markets have received a further shot in the arm this week as the global effort to distribute COVID vaccines gets underway. The very first UK citizens have received...
The Friday Forex Takeaway - Episode 61
Key Points from This WeekPfizer Vaccine Receives UK ApprovalMarkets received a boost this week from news that the UK government approved the Pfizer/BioNTech vaccine. This is now the first vaccine to...
Weak Eurozone Inflation Adds To ECB Easing Expectations
Inflation Falls Further The latest set of economic data for the Eurozone offered a further glimpse into the struggles unfolding with the single market economy. The headline CPI reading for November...
Precious Metals Monday 23-11-2020
GoldThe gold market has started the week on fairly flat note, with price hovering around Friday’s closing price as of writing. The market has visibly lost momentum and volatility over the last week as...
The Friday Forex Takeaway - Episode 57
Key Points From This WeekFurther Vaccine Successes AnnouncedFollowing last week’s announcement from Pfizer & BioNTech who reported that their COVID vaccine had shown to be over 90% effective in...
EUR Lower on Dovish Lagarde Comments
Lagarde Warns over Economic ImpactThe single currency has come under heavier selling pressure today in response to comments made by ECB chief Christina Lagarde. Speaking this morning, Lagarde cited...
US Retail Sales Miss in October
Retail Sales Miss In October US retail sales were seen growing at a slower-than-expected pace over October. The data released yesterday showed growth of just 0.3% over the month, undershooting...
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