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: Wednesday 21st June 2023
2 min readWhile the UK economy has displayed resilience and improved growth prospects due to reduced energy costs, more predictable fiscal policies, and improved relations with European Union trading partners, persistent inflation levels pose a challenge.
IFX Market Report: Wednesday 14th June 2023
3 min readIn April, the British economy experienced a return to growth, surpassing the expectations of the Bank of England.
IFX Market Report: Friday 9th June 2023
3 min readYesterday, the Prime Minister and President Biden reached a ground-breaking economic partnership that marks a significant milestone in the relationship between the UK and US.
IFX Market Report: Friday 2nd June 2023
3 min readThe possibility of the Bank of England implementing additional increases in interest rates has resurfaced following the release of inflation data last week.
IFX Market Report: Friday 26th May 2023
3 min readOn Wednesday the consumer prices index for April, as reported by the Office for National Statistics, recorded a decrease in inflation to 8.7%, compared to 10.1% in March.
IFX Market Report: Tuesday 23rd May 2023
3 min readBritain’s Prime Minister, Rishi Sunak, has disclosed that the United Kingdom will receive a Japanese investment exceeding $22 billion.
IFX Market Report: Tuesday 16th May 2023
3 min readThis morning, the jobs data in the UK presented a mixed picture.
IFX Market Report: Wednesday 10th May 2023
3 min readThe British economy is currently performing well, with households continuing to spend despite the cost of living crisis.
IFX Market Report: Friday 28th April 2023
3 min readBarclays’ CEO, CS Venkatakrishnan, stated that despite the bank’s strongest quarterly profit since 2011, the British economy is still not out of danger.