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: Thursday 5th December 2019
2 min readThe pound hit a two-and-a-half year high against the euro on Wednesday as expectations of a Conservative majority continue to fill the markets with optimism.
IFX Market Report: Wednesday 4th December 2019
2 min readThe pound hit a six-week high on Tuesday against a broadly weaker US dollar as a new poll showed the Conservative Party widened its poll lead before the December 12th election.
IFX Market Report: Tuesday 3rd December 2019
2 min readThe pound fell slightly on Monday as polls started to show that the Conservative Party’s poll advantage had begun to narrow, with most polls showing around a 7-9-point lead rather than the 10-13 seen last week. The pound fell 0.1% against the dollar early in the day and was unchanged against the euro.
IFX Market Report: Monday 2nd December 2019
2 min readThe pound saw early gains on Thursday following Wednesday night’s YouGov MRP poll which suggested the Conservative party would win next month’s general election.
IFX Market Report: Friday 29th November 2019
2 min readThe pound saw early gains on Thursday following Wednesday night’s YouGov MRP poll which suggested the Conservative party would win next month’s general election.
IFX Market Report: Thursday 28th November 2019
2 min readThe pound fell on Tuesday as a second opinion poll showed that the Labour Party has slightly closed the gap between them and the Conservative Party.
IFX Market Report: Wednesday 27th November 2019
2 min readThe pound fell on Tuesday as a second opinion poll showed that the Labour Party has slightly closed the gap between them and the Conservative Party.
IFX Market Report: Tuesday 26th November 2019
2 min readThe pound made further gains on Monday as polls continue to show that the Conservatives have a large advantage for the December 12th election.
IFX Market Report: Monday 25th November 2019
2 min readThe pound fell on Friday as survey data showed that the British business is suffering the worst downturn since mid-2016.