Quelle Surprise by Powell and Co

Quelle Surprise by Powell and Co

GBP Another day another debacle, in the UK Parliament that is. Sterling continued to be flung around in yesterday’s trading session by political headlines after Theresa May applied to the EU for a 3-month extension in Article 50. At which point, the reality of Brexit...
Euro prospects capped by softer wage growth

Euro prospects capped by softer wage growth

GBP The UK labour market showed a there is a shining light in a bleak Brexit riddled economy yesterday as unemployment hit a 44-year low and wages continued to grow. But, Brexit May begin to take its toll on the UK labour force. Job-to-job flows, a gauge of the labour...

UK labour market continues to shine despite the bleak Brexit backdrop

Despite the unemployment rate hitting a 44-year low, and wages continuing to outstrip expectation, today’s release hints at a faltering labour market in the months to come. UK labour market continues to shine despite the bleak Brexit backdrop but may start to show...
EM Currencies Rally in Muted G10 Market

EM Currencies Rally in Muted G10 Market

GBP Sterling weakened throughout the course of yesterday’s trading as House of Commons Speaker, John Bercow, ruled out another meaningful vote this week if May’s deal hadn’t changed in detail. This has left May with 2 days to try and rustle up a new strategy before...
Brexit may be wrapped up this week, but it looks unlikely

Brexit may be wrapped up this week, but it looks unlikely

GBP Sterling gears up for yet another pivotal Brexit week. The next 5 days determine whether we leave the EU with a deal in place in the next month or whether a longer delay to Article 50 will be imposed. May will continue to try to swing her DUP coalition party...