Market Reports
IFX Market Report: Friday 2nd August 2024
2 min readThursday 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: Friday 2nd August 2024
2 min read 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...IFX Market Report: Tuesday 9th January 2024
3 min read 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...IFX Market Report: Wednesday 8th November 2023
3 min read At the end of the previous week, the US stock markets experienced a boost as recent data revealed a significant slowdown in job growth in...IFX Market Report: Tuesday 14th November 2023
3 min read Rightmove reported that home asking prices in Britain have experienced the most rapid decline in five years for this time of the year. Despite the...
IFX Market Report: Wednesday 1st November 2023
2 min readThe Bank of England is likely to maintain its current interest rates, which are at their highest levels since before the financial crisis, this week.
IFX Market Report: Tuesday 24th October 2023
3 min readAccording to the latest data from the Office for National Statistics (ONS), the UK’s unemployment rate increased by 0.2% in the three months ending in August.
IFX Market Report: Thursday 19th October 2023
2 min readIn a surprising turn of events, the UK saw no change in inflation for September, with it remaining at 6.7%.
IFX Market Report: Monday 9th October 2023
3 min readAccording to a survey conducted by the British Chambers of Commerce, UK businesses are hesitant to make significant investments in machinery and new technology.
IFX Market Report: Wednesday 27th September 2023
3 min readAccording to a report from a prominent US thinktank, the UK’s economy is expected to contract in both the current year and 2024.
