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 30th August 2022
3 min readThe United States Federal Reserve Symposium came to an end this weekend in Jackson Hole, Wyoming.
IFX Market Report: Thursday 18th August 2022
2 min readThe rise of food prices has pushed inflation into double digits for the first time in 40 years.
IFX Market Report: Tuesday 16th August 2022
3 min readThe United Kingdom’s unemployment rate remains at 3.8% as expected in July.
IFX Market Report: Monday 15th August 2022
3 min readThe United Kingdom economy contracted by -0.1% in Q2 according to data from the Office for National Statistics (ONS) on Friday.
IFX Market Report: Monday 8th August 2022
2 min readThe United States job market grew at a much faster pace than anticipated in July.
IFX Market Report: Friday 5th August 2022
3 min readYesterday saw the Bank of England’s biggest rate hike in 27 years.
IFX Market Report: Thursday 4th August 2022
2 min readThe Bank of England is widely expected to raise interest rates today.
IFX Market Report: Monday 1st August 2022
2 min readFriday saw the United States Core Personal Consumption Expenditure (Core PCE) post a 4.8% increase in inflation in June, a slight increase from the 4.7% from May.
IFX Market Report: Friday 29th July 2022
2 min readThe United States GDP fell by -0.9% this Q2. The American economy contracts once again for a successive quarter after it contracted by -1.6% in Q1.