Friday, 20 July: US President Donald Trump once again put himself in focus over comments on the US’ Federal Reserve’s interest rate path. Trump has said he wants the Fed to stop raising rates, further adding that when rates in the US are raised, the US dollar subsequently strengthens. The Fed are on track to…

Thursday, 19 July: Sterling can’t seem to catch a break at the moment. Political uncertainty is hanging over the currency, and doesn’t look to be going anywhere fast. Yesterday’s inflation data gave it another little jab, but today’s retail sales really gave it another beating. Sales in June fell 0.5% vs May with a fall…

Wednesday, 18 July: Inflation data in the UK dealt the pound another blow, in a week that political talk and Brexit woes have dominated the currency’s direction. A fall in clothing prices resulted in inflation remaining at 2.4% for the third consecutive month, below the 2.6% rise expected. Marrying up employment data from earlier in…

Tuesday, 17 July: The pound took another tumble amid further Brexit turmoil amongst the Conservative party over fears of the UK leaving the EU next March without a deal. Sterling reversed earlier gains following latest employment data from the ONS. Wage growth of 2.5% in the 3 months to May was down from 2.6% in…

Monday, 16 July: Disappointing data from China set the tone for Monday equity indices with much of Asia trading in the red and European futures pointing in the same direction. Growth of 6.7% in the world’s second largest economy, although in line with expectations, was a slight step back from 6.8% growth in the first…

Friday, 22 June: London futures looked for a positive tone as the week comes to a close with the index following suit, rising more than 1.5% at the close to end the week higher. Other major indices on either side of the Atlantic failed to erase weekly losses, although the Dow Jones looks to be…