"It would likely have a positive effect on business confidence and the Sterling exchange rate,” - Kallum Pickering, Senior UK Economist at Berenberg.
November 9,2017
The Bank of England have just released their Agents’ summary of business conditions - the report offers a snapshot of investment intentions amongst British businesses and is a key reference for policy makers at Threadneedle Street.
November 9,2017
Near-term direction in Sterling appears to be pointed lower warns an analyst with Lloyds Bank’s Commercial Banking unit.
November 9,2017
UK economic growth in 2018 is tipped to slow at a faster rate than economists and policy makers at the Bank of England expect; and this surprise will have material implications for the value of Pound Sterling.
November 9,2017
Pound Sterling was hit by an all-round stronger US Dollar while a holding pattern against the Euro is emerging as markets bide their time ahead of the next round of Brexit talks.
November 7,2017
A strong start to the week for GBP with Prime Minister May reaffirming a committment to agree a transition deal with the EU as soon as possible as Labour leader Jeremy Corbyn heaps pressure saying for businesses the issue of transition deal agreement “more uncertain and precarious than ever”.
November 9,2017
Expect the British Pound to assume a defensive position over the coming week but the prospects of a continued recovery in 2018 should not be discounted.
November 7,2017
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