Commodities/FX

Commodities/FX

GBP/USD dumps after weak UK GDP figures

The pound fell on Friday following the release of UK GDP figures pointing to a weaker expansion in the second quarter than initially thought. In...

Oil rally pauses day after Kurdistan referendum

Oil prices fell on Tuesday after strong gains in the previous session on fears Turkey was going to refuse to receive oil from the...
borrowing

GBP/USD hits 1-month high as dollar weakness continues

GBP/USD hit 1.3158 on Friday, the highest level since 4th August driven by a continued weakness in the US dollar. Cable is up over 350...

EUR/USD retreats from highs after ECB warning

The Euro has fallen over 200 pips from highs helped lower by a Reuters report suggesting ECB officials were unhappy with the strength of...
borrowing

Sterling drops as Brexit talks remain in stalemate

Sterling sank against the dollar on Thursday as Barnier said there had been ‘no decisive progress’ in Brexit negotiations. The lack of progress will unnerve...

Oil price rises following decline in inventories

Oil prices have pushed higher after US crude inventories declined by 3.3 million barrels suggesting the supply glut may finally be easing. The Energy Information...
oil

Oil prices sag after Aramco chief warns on lack of investment

Oil prices fell on Monday after Aramco chief Amin Nasser warned that low investment in the industry could lead to a supply shortage. The oil industry...
oil

Brent crude edges up as oil prices remain supressed

The price of oil rose slightly on Thursday but still hovered around seven month lows, as an ongoing supply glut continues to weigh on...
oil

Oil prices recover slightly but remain near 2017 lows

Oil prices moved up from their recent lows on Friday, but excess supply continues to put downward pressure on the market. The price of oil...
holiday spending

Centre-left coalition may be good for sterling, says JP Morgan

Strategists at JP Morgan have today released a note to the media suggesting that a coalition led by Labour may actually cause the pound...