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: Friday 22nd July 2022
The European Central Bank increased its interest rates by 50 basis points yesterday as it tries to fight inflation which reached 8.6% in June. The...
Read moreIFX Market Report: Thursday 21st July 2022
The Euro rebounded this morning ahead of the ECB’s interest rate decision this afternoon. The European currency benefited from a regain of trust after Russia...
Read moreIFX Market Report: Wednesday 20th July 2022
Reassuring news from Europe yesterday as the continent feared the Nord Stream gas pipeline would not resume amidst tensions between the EU and Russia. However,...
Read moreIFX Market Report: Friday 15th July 2022
China is facing a recession in Q2 with GDP figures show the Asian giant’s economy contracted by -2.6%, worse than the -1.5% contraction expected. Year...
Read moreIFX Market Report: Thursday 14th July 2022
Yesterday data from the US showed that inflation rose 9.1% in June, more than expected and puts pressure on consumers. Analysts expected a 8.8% CPI...
Read moreIFX Market Report: Wednesday 13th July 2022
The United Kingdom saw its economy grow in Q1 despite analysts expecting the economy to stall as inflation grew. The economy grew by 0.4% in...
Read moreIFX Market Report: Tuesday 12th July 2022
The US dollar hit a new two-decade high against major currencies, buoyed by the search for a safe-haven asset and expectations of further aggressive rate...
Read moreIFX Market Report: Thursday 7th July 2022
The United Kingdom’s political crisis continues with over 50 government officials resigning since Tuesday evening as Boris Johnson clings to power. Ministers for Technology, Treasury,...
Read moreIFX 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....
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