Market Reports
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1 min readWelcome to the weekly market update from IFX payments. The global economy was allowed a brief sigh of relief this morning as big movements were made in the US and China trade talks. Read on to find out more. Current rates Currency pair Rate eur usd 1.1099 gbp eur 1.1864 gbp usd 1.3170 Rates correct as […]
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IFX Market Report: Tuesday 20th September 2022
2 min readThis Tuesday, Liz Truss admitted a new trade deal with the United States is unlikely in the “short to medium term” as pressure mounts on the British economy to avoid recession.
IFX Market Report: Friday 16th September 2022
2 min readInflation stays stable at 9.1% in the European Union as Germany and Italy saw inflation rise to 7.9% and 9.0% respectively in August but Spain and France saw inflation decrease to 10.4% and 6.1%.
IFX Market Report: Tuesday 13th September 2022
2 min readYesterday saw the Office for National Statistics publish the United Kingdom GDP figures.
IFX Market Report: Friday 9th September 2022
3 min readOn Thursday 8 of September 2022, Queen Elizabeth II of the United Kingdom and other Commonwealth realms has died peacefully at her Scottish estate of Balmoral.
IFX Market Report: Thursday 8th September 2022
3 min readOn Thursday UK Prime Minister Liz Truss announced a broad stimulus package to help households and businesses with soaring energy bills and to attract investments in the energy sector.
IFX Market Report: Tuesday 6th September 2022
3 min readFormer Foreign Secretary Liz Truss won the Conservative Party leadership race yesterday to replace Boris Johnson.
IFX Market Report: Monday 5th September 2022
2 min readThe new Prime Minister of the United Kingdom is going to be Liz Truss, Sir Graham Brady of the 1922 Committee of the Conservative Party announced.
IFX Market Report: Friday 2nd September 2022
2 min readThe dollar was on course for its third consecutive weekly gain and is near its highest levels in decades against the euro this morning as investors were little inclined to sell ahead of the data release on employment in the United States, which could strengthen the case for an aggressive increase in interest rates from the Federal Reserve.
IFX Market Report: Thursday 1st September 2022
2 min readThe inflation rate in the eurozone hit a new high in August, at 9.1% year on year, Eurostat announced on Wednesday August 31, as the war in Ukraine stokes a spike in energy prices and food.