Market Reports
IFX Market Report: Friday 2nd August 2024
Thursday saw the bank of England drop interest rates for the first time since March 2020. Yesterdays 0.25% cut saw the BOE base rate fall from 5.25% to 5%. Rates in 2020 were 0.1% and remained there until rate hikes started in December 2021, with gradual hikes which finally saw the base rate halt in […]
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IFX Market Report: Friday 16th September 2022
Inflation stays stable at 9.1% in the European Union as Germany and Italy saw inflation rise to 7.9% and 9.0% respectively in August but Spain and France saw inflation decrease to 10.4% and 6.1%.
IFX Market Report: Tuesday 13th September 2022
Yesterday saw the Office for National Statistics publish the United Kingdom GDP figures.
IFX Market Report: Friday 9th September 2022
On Thursday 8 of September 2022, Queen Elizabeth II of the United Kingdom and other Commonwealth realms has died peacefully at her Scottish estate of Balmoral.
IFX Market Report: Thursday 8th September 2022
On Thursday UK Prime Minister Liz Truss announced a broad stimulus package to help households and businesses with soaring energy bills and to attract investments in the energy sector.
IFX Market Report: Tuesday 6th September 2022
Former Foreign Secretary Liz Truss won the Conservative Party leadership race yesterday to replace Boris Johnson.
IFX Market Report: Monday 5th September 2022
The new Prime Minister of the United Kingdom is going to be Liz Truss, Sir Graham Brady of the 1922 Committee of the Conservative Party announced.
IFX Market Report: Friday 2nd September 2022
The dollar was on course for its third consecutive weekly gain and is near its highest levels in decades against the euro this morning as investors were little inclined to sell ahead of the data release on employment in the United States, which could strengthen the case for an aggressive increase in interest rates from the Federal Reserve.
IFX Market Report: Thursday 1st September 2022
The inflation rate in the eurozone hit a new high in August, at 9.1% year on year, Eurostat announced on Wednesday August 31, as the war in Ukraine stokes a spike in energy prices and food.
IFX Market Report: Tuesday 30th August 2022
The United States Federal Reserve Symposium came to an end this weekend in Jackson Hole, Wyoming.
