Market Reports
IFX Market Report: Tuesday 9th January 2024
Rishi Sunak, set out on Monday that the country is heading in the right direction as it enters an anticipated election year. He has placed the commitment to tax cuts at the forefront of his...
Read moreIFX Market Report: Tuesday 4th October 2022
Yesterday saw the government U-turn on the scrapping of the 45p rate of income tax for higher earners after backlash from all sides, including the...
Read moreIFX Market Report: Friday 30th September 2022
The United States have entered recession as GDP figures released yesterday show. The American economy contracted by -0.6% in Q2, after a -1.6% contraction already...
Read moreIFX Market Report: Thursday 29th September 2022
The Bank of England launched a £65bn bond-buying plan to calm the markets after last week’s “mini-budget” announcements. The bank has suspended its gilt selling...
Read moreIFX Market Report: Monday 26th September 2022
This Sunday 25th September 2022, a coalition led by Giorgia Meloni’s Fratelli D’Italia (“Brothers of Italy” in English), is set to win the general election...
Read moreIFX Market Report: Friday 23rd September 2022
Yesterday, the Bank of England decided to raise interest rates by 50 basis points as it reaches now 2.25%. It has already raised its rates...
Read moreIFX Market Report: Thursday 22nd September 2022
Yesterday the Federal Reserve of the United States decided to increase interest rates by 75 basis points, taking the base rate from 2.50% to 3.25%....
Read moreIFX Market Report: Wednesday 21st September 2022
This morning in a pre-recorded televised announcement, Putin declared a partial military mobilisation in Russia to formally enact a war economy to support the Ukraine...
Read moreIFX Market Report: Tuesday 20th September 2022
This Tuesday, Liz Truss admitted a new trade deal with the United States is unlikely in the “short to medium term” as pressure mounts on...
Read moreIFX 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...
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