Market Reports

13 Sep 2024

IFX Market Report: Friday 2nd August 2024

2 min read

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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16 Nov 2022

IFX Market Report: Wednesday 16th November 2022

2 min read

Rishi Sunak believes that Brexit is not to blame for the UK’s economic difficulties, and despite evidence that leaving the EU has resulted in a reduction in trade, the finger is pointed at Covid and Russia’s invasion of Ukraine.

14 Nov 2022

IFX Market Report: Monday 14th November 2022

2 min read

Last week saw the USD weaken after better than expected inflation data reduced the likelihood of large rate hikes.

11 Nov 2022

IFX Market Report: Friday 11th November 2022

2 min read

Preliminary GDP figures this morning showed that the economy contracted 0.2% , marking the first step towards a recession. Despite this the pound held its ground across the board.

7 Nov 2022

IFX Market Report: Monday 7th November 2022

2 min read

When Brexit was announced back in 2016, analysts predicted that the UK economy would collapse without the support of Europe.

3 Nov 2022

IFX Market Report: Thursday 3rd November 2022

2 min read

Yesterday saw the US Federal Reserve raise its key interest rate by 0.75 percentage points, lifting it to 4% which is the highest rate since early 2008.

2 Nov 2022

IFX Market Report: Wednesday 2nd November 2022

2 min read

In one of the most important moments in economic history, the commonly used phrase ‘Quantitative Easing’ that we’ve heard many times since the economic crash in 2008 will now be reversed to ‘Quantitative tightening’.

1 Nov 2022

IFX Market Report: Tuesday 1st November 2022

2 min read

Aside from Eurozone inflation and GDP figures mentioned in yesterday’s report, Monday was a fairly quiet day for data, with the only major other release being US PMI data.

31 Oct 2022

IFX Market Report: Monday 31st October 2022

1 min read

Last week saw the pound strengthen after new Prime Minister Rishi Sunak agreed to push the date of the economic decision to 17th November, so that the right decision could be made.

28 Oct 2022

IFX Market Report: Friday 28th October 2022

2 min read

US GDP between July and September grew 2.6%, beating forecasts of 2.3%, and reversing the -0.6% of contraction in the previous quarter.

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