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 more
IFX Market Report: Monday 25th July 2022
3 min readThis week will see the Fed increase interest rates again after inflation reached 9.1% in June in the US. Markets are expecting a 75bps increase, which will set the Fed fund’s rate to 2.5%.
IFX Market Report: Friday 22nd July 2022
3 min readThe European Central Bank increased its interest rates by 50 basis points yesterday as it tries to fight inflation which reached 8.6% in June.
IFX Market Report: Thursday 21st July 2022
3 min readThe Euro rebounded this morning ahead of the ECB’s interest rate decision this afternoon.
IFX Market Report: Wednesday 20th July 2022
3 min readReassuring news from Europe yesterday as the continent feared the Nord Stream gas pipeline would not resume amidst tensions between the EU and Russia.
IFX Market Report: Friday 15th July 2022
2 min readChina is facing recession in Q2 with GDP figures show the Asian giant’s economy contracted by -2.6%, worse than the -1.5% contraction expected.
IFX Market Report: Thursday 14th July 2022
2 min readYesterday data from the US showed that inflation rose 9.1% in June, more than expected and puts pressure on consumers.
IFX Market Report: Wednesday 13th July 2022
2 min readThe United Kingdom saw its economy grow in Q1 despite analysts expecting the economy to stall as inflation grew.
IFX Market Report: Tuesday 12th July 2022
3 min readThe US dollar hit a new two-decade high against major currencies, buoyed by the search for a safe-haven asset and expectations of further aggressive rate hikes from the Federal Reserve.
IFX Market Report: Thursday 7th July 2022
2 min readThe United Kingdom’s political crisis continues with over 50 government officials resigning since Tuesday evening as Boris Johnson clings to power.
