Weekly Market Report Sterling had its best week in months, completing a third consecutive weekly gain against the Euro. The catalyst was political headlines rather than economic data. Reports mid-week suggested that Andy Burnham intends to appoint Shabana Mahmood as Chancellor, a move the markets read as a signal of fiscal discipline. Burnham officially becomes […]

Weekly Market Report Last week’s dominant story was the collapse of the US-Iran ceasefire. Brent crude oil prices gained by around 5% for the week. The market was encouraged that technical peace talks would continue despite the renewed military exchanges. Sterling had a better week despite geopolitical noise, with the unwinding of the UK political […]

Weekly Market Report The ECB raised interest rates by 25 basis points last Thursday for the first time since 2023 – this was in response to persistent inflation driven by the Iran conflict. The move was largely expected and the Euro failed to rally. A peace deal has been agreed to by the US and […]