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: Thursday 18th August 2022
The rise of food prices has pushed inflation into double digits for the first time in 40 years.
IFX Market Report: Tuesday 16th August 2022
The United Kingdom’s unemployment rate remains at 3.8% as expected in July.
IFX Market Report: Monday 15th August 2022
The United Kingdom economy contracted by -0.1% in Q2 according to data from the Office for National Statistics (ONS) on Friday.
IFX Market Report: Monday 8th August 2022
The United States job market grew at a much faster pace than anticipated in July.
IFX Market Report: Friday 5th August 2022
Yesterday saw the Bank of England’s biggest rate hike in 27 years.
IFX Market Report: Thursday 4th August 2022
The Bank of England is widely expected to raise interest rates today.
IFX Market Report: Monday 1st August 2022
Friday saw the United States Core Personal Consumption Expenditure (Core PCE) post a 4.8% increase in inflation in June, a slight increase from the 4.7% from May.
IFX Market Report: Friday 29th July 2022
The United States GDP fell by -0.9% this Q2. The American economy contracts once again for a successive quarter after it contracted by -1.6% in Q1.
IFX Market Report: Wednesday 28th July 2022
The Fed is set to unveil another big rate hike today as signs of an economic slowdown grow.
