MPC held rates unchanged at 12%, citing a still worrying medium term inflation outlook as the reason for the hold, despite the troubling global outlook. The MP... Read More >
This weekend has been calmer than last and the rhetoric emerging from politicians and city commentators has cooled. Announcements from the UK and Europe are not... Read More >
Stock market falls overnight have cast a pall over a morning which most forecast as a day of recovery. The DJIA plummeted 7% although opening high as fear and p... Read More >
An unprecedented move by central banks around the world was unable to solidify sterling yesterday as the pound suffered heavily against the dollar and euro. Cen... Read More >
Banking shares in London were crucified yesterday as the market was awash with rumours of capital injections for major High St banks. This combined with poor in... Read More >
Rand Suffers on the Back of Global Meltdown
The Rand was under continued pressure last week and early into trading yesterday, losing over 5% against the doll... Read More >
Good Afternoon,
The Bad News Continues
The Euro has undergone a dramatic weakening recently as investors begin to wonder what bad news will come out ne... Read More >
Global stock markets plummeted yesterday as fear and uncertainty massacred the good sentiment that recent bail-out and recue plans had provided. The FTSE record... Read More >
TARP passed as the Euro Zone falters
Another turbulent week was fittingly ended with the eventual passing of the revised TARP bill on Friday, the original 3 pa... Read More >