“To prophesy is extremely difficult – especially with regard to the future”. Chinese proverb
Last week threw up plenty of surprises, and if there is anything... Read More >
Sterling continues to trade in the doldrums, listlessly waiting for some data or sentiment to sway it one way or tother. It has however been unable to take adva... Read More >
1985 was the year of the Heysel disaster, the Rainbow Warrior sinking and the release of Tetris. It was also the last time that GBP was this weak against the US... Read More >
Sterling continued to trade at 8 year lows against the dollar overnight as risk aversion, fears over British and Irish banks and bearish prognostications from M... Read More >
The UK is finished. Or so says Jim Rogers, one of the most bombastic fund managers out there at the moment. He believes that the creeping nationalisation of the... Read More >
NZD
The New Zealand Dollar was hit with a triple whammy of negative news last week. First up was the quarterly survey of Business Opinion results out for the D... Read More >
A group of scientists have calculated a formula with the end product showing that today is the most depressing day of the year; Blue Monday if I may. This equat... Read More >
Markets, both equity and FX, are a real mess this morning as rumours float of further bank crises, Chinese stimulus packages and a still faltering US jobs arena... Read More >
Today is yet again another key day in the life of the GBP/EUR cross with the first ECB meeting of the year. We are happy to stick with our view of a 50bps cut f... Read More >
Sterling was boxed around the ears fairly viciously by its USD and EUR sparring partners yesterday as data and sentiment exposed the UK economy's weak jaw.
The... Read More >