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 […]
Read more
IFX Market Report: Wednesday 6th July 2022
The dollar hit a two-decade high against the euro as European stock markets tumbled amid growing fears the continent could lead the world into recession.
IFX Market Report: Monday 4th July 2022
For the first time since the 1990s, Germany is facing a trade deficit as figures announced this morning show a deficit of -$1.0bn for May.
IFX Market Report: Tuesday 28th June 2022
US government sources announced on Monday that leaders at the G7 summit are close to setting a price cap on Russian oil imports in an effort to decrease the Kremlin’s energy revenue.
IFX Market Report: Monday 27th June 2022
Russia is on the brink of an historic debt default as it hasn’t paid interest payments of $100 million which were due on the 27th of May, and subject to grace period that expired on Sunday night.
IFX Market Report: Friday 24th June 2022
The US dollar remains stable but heads for its first weekly decline of the month as investors continue to assess the Federal Reserve’s policy direction and wonder if aggressive rate hikes could trigger a recession.
IFX Market Report: Thursday 23rd June 2022
Federal Reserve Chairman testifies for two days in front of the US Congress.
IFX Market Report: Wednesday 22nd June 2022
UK inflation continues to rise to 9.1% in May, its highest level since 1982
IFX Market Report: Tuesday 21st June 2022
The United Kingdom is facing the biggest national rail strike in 30 years.
IFX Market Report: Thursday 16th June 2022
The Federal Reserve of the US announced yesterday a much stronger increase of interest rates than forecasted.
