Market Reports
IFX Market Report: Friday 2nd August 2024
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 […]
Read moreIFX Market Report: Thursday 5th December 2019
The pound hit a two-and-a-half year high against the euro on Wednesday as expectations of a Conservative majority continue to fill the markets with optimism.
IFX Market Report: Wednesday 4th December 2019
The pound hit a six-week high on Tuesday against a broadly weaker US dollar as a new poll showed the Conservative Party widened its poll lead before the December 12th election.
IFX Market Report: Tuesday 3rd December 2019
The pound fell slightly on Monday as polls started to show that the Conservative Party’s poll advantage had begun to narrow, with most polls showing around a 7-9-point lead rather than the 10-13 seen last week. The pound fell 0.1% against the dollar early in the day and was unchanged against the euro.
IFX Market Report: Monday 2nd December 2019
The pound saw early gains on Thursday following Wednesday night’s YouGov MRP poll which suggested the Conservative party would win next month’s general election.
IFX Market Report: Friday 29th November 2019
The pound saw early gains on Thursday following Wednesday night’s YouGov MRP poll which suggested the Conservative party would win next month’s general election.
IFX Market Report: Thursday 28th November 2019
The pound fell on Tuesday as a second opinion poll showed that the Labour Party has slightly closed the gap between them and the Conservative Party.
IFX Market Report: Wednesday 27th November 2019
The pound fell on Tuesday as a second opinion poll showed that the Labour Party has slightly closed the gap between them and the Conservative Party.
IFX Market Report: Tuesday 26th November 2019
The pound made further gains on Monday as polls continue to show that the Conservatives have a large advantage for the December 12th election.
IFX Market Report: Monday 25th November 2019
The pound fell on Friday as survey data showed that the British business is suffering the worst downturn since mid-2016.