Blog
Ashley Chadwick
The Limited Impact Of Brexit So Far
Prior to the referendum last year, there were a lot of gloomy forecasts about what would happen to the UK economy if there was a vote to leave the EU. Recently, those who published these forecasts have come under pressure for being too negative in predictions in an attempt to influence the vote.
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Ashley Chadwick
Forex Digest
We take a look at recent moves in the foreign exchange market and a glimpse to what we could expect to see in 2017.
Read moreAshley Chadwick
Brexit talk sends Sterling lower
Prime Minister Theresa May has been downplaying talk that there will be a ‘Hard Brexit’, despite comments from the weekend indicating that the UK could well leave the single market.
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Ashley Chadwick
Fed Hikes Rates For Second Time In A Decade
The Federal Reserve yesterday announced that they had increased the base rate of interest for only the second time in a decade. The target range for the Fed Funds rate now stands at 0.5%-0.75%, a hike of 0.25%.
Read moreAshley Chadwick
OPEC Cuts Output
Yesterday, OPEC made the historic decision to cut their production by 1.2m barrels a day. This was a move that should not have been a surprise, as when they met in Algiers two months ago they said a deal would be made. Yet, as was clear from the price of Oil in the last two months, the markets did not fully believe them.
Read moreReuters: Business News
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