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...
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IFX Market Report: Tuesday 25th October 2022
Rishi Sunak enters Number 10 today as the new Prime Minister after a second time trying, and his appointment has already calmed markets. Although Sunak...
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IFX Market Report: Monday 24th October 2022
After a turbulent week which saw the pound fall back into the 1.10 region, the pound seems to have gained some ground back as the...
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IFX Market Report: Friday 21st October 2022
After just 45 days as prime minister, Liz Truss has resigned this Thursday 20th October 2022. She is the shortest-serving prime minister in the United...
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IFX Market Report: Tuesday 18th October 2022
On Monday morning, the newly appointed Chancellor, Jeremy Hunt, announced a reversal of most of Prime Minister Liz Truss’ economic policies, bringing the financial markets...
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IFX Market Report: Monday 17th October 2022
Friday saw another turbulent day in the United Kingdom as Prime Minister Liz Truss removed her Chancellor Kwasi Kwarteng from office. She announced the news...
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IFX Market Report: Friday 14th October 2022
Yesterday saw the pound jump by 2% to 1.1381 amidst reports the government may reverse part of its “mini-budget” proposals, with the cut to corporation...
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IFX Market Report: Thursday 13th October 2022
The British economy fell by -0.3% in August as factories and consumer-facing businesses struggle according to ONS. The GDP surprisingly shrank as prices are rising...
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IFX Market Report: Tuesday 11th October 2022
The Bank of England intervened again this morning by announcing an expansion of its bond-buying scheme in hope of restoring order in the Kingdom’s bond...
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IFX Market Report: Thursday 6th October 2022
On Wednesday, the OPEC+ members regrouping the world’s biggest and most powerful oil producers agreed to cut production by 2 million barrels per day to...
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