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Burglary is a serious risk to homeowners in the UK. Burglary and theft are the UK’s most common crimes and official figures suggest there were over 2,619,450 recorded burglaries in the UK during 2017. Burglaries have a high impact on homeowners that can have lasting consequences.

Oakpark Group, a company that offers a variety of home security solutions, have created an infographic that breaks down the statistics of the rising crime rate in the UK, as well as providing some expert advice on how you can reduce your risk of being the victim of burglary. A good example of this is that homes that have an intruder alarm system are 80% more secure than homes that don’t.

At Best Price Financial Services we specialise in providing quality home insurance at affordable prices. Get a quote on a wide range of products, including home insurance, and protect your home and your belongings both inside and outside the home in case the worst happens.

Oakpark Group specialises in supplying and installing a wide range of excellent home security solutions to help protect your home. If you are considering installing a home security system, to help safeguard your property from burglary, then Contact Oakpark on 01296 713 010 for a quote today.

Infographic kindly supplied by oakpark-group.com

The post Burglary and theft are you covered under your home insurance policy? appeared first on .

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Best Price FS by Natalie Evans - 3d ago
https://www.bestpricefs.co.uk/app/foreign-exchange/ Yesterday
  • Sterling broke it’s recent lows against the euro and the US dollar yesterday.
    • GBP/EUR fell by nearly half a percent closing at 1.1461 after opening at 1.1514. Sterling has devalued by 2.4% against the euro over the past 10 days.
    • GBP/USD fell by 0.49% after opening at 1.2903, trading a low of 1.2826 and closing at 1.2840.
  • Prime Minister Theresa May said that MPs have a duty to “ensure we deliver” Brexit by voting for the Withdrawal Agreement Bill which will be brought to the House of Commons on the week commencing 3rd June.
  • Labour said they would not vote for the deal if no cross-party agreement had been agreed by then. Cross-party talks have yet to bear any progress.
  • The DUP have also said they will vote against the deal.
  • The UK Brexit Secretary Stephen Barclay has said that if the bill did not pass this time then the deal would be “dead in that form”. He then went on to say if the bill were to be rejected then MPs would have to decide whether to opt for no-deal Brexit or revoke Brexit altogether.
  • US President Donald Trump said he has no decided whether to go ahead with threatened tariffs on another $325bn of Chinese imports and said he expects to meet China’s president at the G20 summit in Japan.
  • Eurozone flash GDP came in as expected at 0.4%.
  • Canadian CPI m/m came in as expected at 0.4%.
  • US core retails sales fell short of expectations coming in at 0.1% vs 0.7% expected and retails m/m came in at -0.2% vs 0.2% expected.
Overnight
  • Australian employment change came in better than expected at 28.4K vs 15.2K. The unemployment rate was weaker than anticipated at 5.2% vs 5.0%.
  • GBP/AUD, GBP/NZD and GBP/JPY are currently trading at 1.8548 (+0.09%), 1.9547 (-0.05%) and 140.46 (-0.19%), respectively.
Today
  • Sterling has continued its recent weakness this morning trading down 0.17% against the euro and 0.10% against the US dollar.
  • At 1.30pm we expect to seeing manufacturing sales data from Canada alongside building permits and Philly Fed manufacturing data from the US.

MAJOR CURRENCY PAIRS
Current at time of distribution

Currency Pair Interbank Rate % Change on Day
GBP/EUR 1.1444 -0.16%
GBP/USD 1.2827 -0.10%
EUR/USD 1.1209 +0.09%
AUD/USD 0.6920 -0.10%
ECONOMIC CALENDAR
Current at time of distribution
Time (GMT) Region Data Release Forecast Previous
13:30 CAD Manufacturing Sales m/m 1.5% -0.2%
13:30 USD Building Permits 1.29m 1.29m
13:30 USD Philly Fed Manufacturing Index 10.0 8.5

https://www.godi.io/market-updates/newsletter-16th-may-2019/

The post May 16th Market Updates appeared first on .

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Trump/Trade and Economic Outlook

FTSE 100 7220.01 (+0.79%) @ 11.37 am
FTAS 3960.79 (+0.80%)
Dow Jones 25324.99 (-2.38%) Yesterday’s close (13.5.19)

Following the burst of increased investment market volatility, driven mainly by The White House policy on trade with China, we though we would attract your attention to an interview on Bloomberg a little earlier with John Williams – President of the Federal Reserve Bank of New York, who is regarded as a leading Global Economist.

The interview is certainly worth watching – click the link to watch the interview:

https://www.bloomberg.com/news/videos/2019-05-14/fed-s-williams-says-higher-tariffs-will-impact-growth-inflation-video
John Williams stated “The economy is in a good place – we’re seeing solid economic growth, really good job gains, very low unemployment and inflation a little below target – but we’re in a pretty good place”.

The focus of governance for Central Banks is to produce low unemployment and price stability. Earlier still on Bloomberg, Erik Nielson – Group Chief Economist at Unicredit Group stated “The Banking Industry is fine. Fundamentally things remain in good shape – it’s a full steam economy”.

Both Williams and Nielson confirmed concerns in relation to sentiment, driven by trade, although reinforced the need to focus on the medium to long term.

We should all be aware that when the US sneezes the global investment markets catch a cold so context of the US policies must be considered and contextualised.

Volatility is always a major factor when making investment decisions so investors must be positioned in risk models, in line with their personal circumstances, using quality assets.

At Best Price FS we make sure that the assets we use within our Risk Models are ‘quality assets’, using detailed research and due diligence in making the investment selections.

The views provided in this note are personal and not to be seen as ‘advice’ in nature. If you have an advice need, simply get in touch.

Warmest Regards.

Richard and the Best Price FS Team

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Best Price FS by Natalie Evans - 4d ago

https://www.bestpricefs.co.uk/app/foreign-exchange/ Yesterday
  • The Pound dropped to a near 2-month low against the Euro yesterday as prolonged Brexit talks between the UK Government and the Labour party still appear to be heading for failure. GBP/EUR traded as low as 1.1503 in the morning, before closing the day modestly higher at 1.1525 which still represented a -0.19% decline on the day.
  • Similarly GBP/USD fell to a 2-week low of 1.2907, before closing the day at 1.2923 which was down -0.25% on the day.
  • Employers in the UK continued to shrug of Brexit concerns with the overall Unemployment Rate dropping to 3.8% according to figures released by the ONS yesterday. That was below the 3.9% forecast and represented the lowest level of unemployment since early 1975.
  • UK average wage growth did however disappoint in the January to March period, with total earnings including bonuses rising by 3.2% on an annual basis, that was down from 3.5% in the three months to February.
  • German investor confidence dipped unexpectedly in May as the escalating trade war between the United States and China impacted the growth outlook for Europe’s largest economy. The ZEW print was at -2.1 (Below 0 represents pessimism), that was down from a positive reading of 3.1 in April.
  • Eurozone Industrial Production m/m -0.3% as expected.
  • US Import Prices m/m 0.2% (0.7% Exp)
  • Speaking yesterday afternoon President Trump said that China would likely act to cut their interest rates in order to make up for the business they will be losing due to US import tariffs. The President took the opportunity to once again try and influence US Federal Reserve policy, suggesting the US would win should the Fed act in the same manner and cut rates.
Overnight
  • Sources are reporting trade talks between the United States and China broke down due the Chinese Government effectively ripping up 30% of the original draft trade deal. Following 5-months of long and arduous negotiations a 150-page document had been compiled, however China returned to Washington with a greatly reduced 105 page document having torn up the other 45. This is believed to have angered President Trump and hence the increased import tariffs came into effect this month.
  • Theresa May plans to put her Brexit Deal before Parliament for a fourth time in early June regardless of whether or not the Government has reached a compromise with the Labour party.
  • Australia Wage Price Index q/q 0.5% (0.6% Exp)
  • China Industrial Production y/y 5.4% (6.5% Exp)
  • China Retail Sales y/y 7.2% (8.6% Exp)
  • German Prelim GDP q/q 0.4% as expected
Today
  • Eurozone GDP data is the key print this morning.
  • This afternoon there is a raft of economic data out of North America, with Canadian Inflation and US Retail Sales headlining at 1.30pm.

MAJOR CURRENCY PAIRS
Current at time of distribution

Currency Pair Interbank Rate % Change on Day
GBP/EUR 1.1516 -0.01
GBP/USD 1.2916 +0.10
EUR/USD 1.1214 +0.10
AUD/USD 0.6925 -0.26
ECONOMIC CALENDAR
Current at time of distribution
Time (GMT) Region Data Release Forecast Previous
10.00 EUR Eurozone Flash GDP q/q 0.4% 0.4%
13.30 CAD CPI m/m 0.4% 0.7%
13.30 USD Retail Sales m/m 0.2% 1.6%
13.30 USD Empire State Manufacturing Index 8.2 10.1
14.15 USD Capacity Utilization Rate 78.7% 78.8%
14.15 USD Industrial Production m/m 0.0% -0.1%
15.00 USD Business Inventories m/m 0.0% 0.3%

The post May 15th Market Updates appeared first on .

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Best Price FS by Natalie Evans - 6d ago

https://www.bestpricefs.co.uk/app/foreign-exchange Yesterday
  • GBP/USD fell by 0.34% – the market opened at 1.30, traded a high of 1.3040, a low of 1.2940 and closed at 1.2965.
  • GBP/EUR opened at 1.1567, traded a high of 1.1595, a low of 1.1520 and closed at 1.1547 representing a 0.21% decrease on Monday.
  • Senior Tories yesterday reportedly put PM May under more pressure to abandon Brexit talks with Labour. In a letter to the PM, former cabinet ministers cautioned her against any deal involving Corbyn’s central demand of a customs union.
  • The UK’s Brexit negotiator Olly Robbins will fly to Brussels today to talk about how the future arrangement between the EU and the UK could be changed if there were to be a deal between the Government and the opposition.
  • US president Donald Trump is to meet with Chinese leader Xi after China imposed new tariffs on US goods The US Trade Representative’s office said later it planned to hold a public hearing next month on the possibility of imposing duties up to 25% on a further $300bn worth of Chinese imports.
Overnight
  • GBP/AUD, GBP/NZD and GBP/JPY are currently trading 1.8628, 1.9662 and 141.82, respectively.
Today
  • This morning we expect to see UK average earnings index 3m/y and unemployment rate at 9.30am
  • At 10am we will have German ZEW economic sentiment data.

MAJOR CURRENCY PAIRS
Current at time of distribution

Currency Pair Interbank Rate % Change on Day
GBP/EUR 1.1511 -0.31
GBP/USD 1.2940 -0.12
EUR/USD 1.1240 +0.17
AUD/USD 0.6943 -0.01
ECONOMIC CALENDAR
Current at time of distribution
Time (GMT) Region Data Release Forecast Previous
09:30 GBP Average Earnings Index 3m/y 3.4% 3.5%
09:30 GBP Unemployment Rate 3.9% 3.9%
10:00 EUR German ZEW Economic Sentiment 5.1 3.1

https://www.godi.io/market-updates/newsletter-14th-may-2019/

The post May 14th Market Updates appeared first on .

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Best Price FS by Natalie Evans - 6d ago
Investment Market Volatility increases

Global investment markets have recently suffered a further bout of volatility following the escalated threat of new US tariffs.

In an article written by Daniele Parlumbo and Ana Nicolaci da Costa of BBC News a summary of the position is provided.  Click to read the article: https://www.bbc.co.uk/news/business-48196495

Negotiations continue but risk assets have moved to a more ‘risk off’ sentiment based upon these recent developments.

POTUS Trump is clearly doing what he does best – expecting an easier negotiation ‘win’ on tariffs at the meeting which resumes today.  In the meantime, a more fearful view has returned.

Investment Markets

Risk always exists with investment risk assets, even in the most stable of political and economically strong times, which is why investors must always be reminded that investment market outcomes do not produce certainty, as capital and income from capital invested generally suffer from investment market volatility.

Our Risk Model Portfolios

An example of one of our Risk Models – Risk Model 4 on a scale of 1-10.

Our Risk Model Portfolios are constructed in order to deliver a risk outcome in line with the risk profile of our investors, so delivering to a risk mandate.

Nevertheless, during times of market distress our risk models suffer asset price reductions, although our performance, relative to the appropriate Benchmark Risk and peers, has been exceptional historically.  (We must always state that past performance is not a guide to the future – this is a regulatory requirement!).

I have recently been asked to comment on a number of articles that our investment clients have read, which talk of a major crash developing…..  No one can predict investment market outcomes – simple!  A crystal ball doesn’t exist, so the objectives of the investor must always be the focus, which leads to questions such as:

i)  the time horizon for the investment?
ii)  The goal in terms of return for the investment?  (adjusted return, against cash and inflation considered) Target return?
iii)  Your capacity to suffer capital loss and income reduction?

Of course, there are many other aspects to consider, such as product wrapper for tax purposes, but the focus for investing must remain on the overall objectives of the investment and risk profile of the investor, so that ‘suitable outcomes’ are delivered.

Investment market timing is dangerous – rarely does anyone call the market before a big fall or strong growth is delivered, as sentiment and behaviour (in respect of economic and political factors) drive asset prices.

As I regularly say, at some point, a faulty watch/clock tells the correct time!

We remain focused and committed to holding a range of the best quality asset managers in a balance to fit with the suitability and volatility range acceptable to our investment clients.  Our selection of assets to be included in our portfolios are always carried out with detailed research and due diligence on an independent basis – meaning that there is no product or fund bias whatsoever.

No one can deliver perfection, we get close but strive to improve!  (please forgive the joke!)

The point and focus of this communication is to attract investors to the need to regularly reconsider their needs and goals, in line with their personal position, so that when deep bumps in the road appear the investment journey can continue without too much pain.

Market Updates

Can I attract you to a regular Market Update that we place on our website blog … https://www.bestpricefs.co.uk/blog/may-9th-market-updates/

The information is generally no more than a day or so old, not ‘real time’, which refers to economic and political news, along with providing major currency pairs data for Foreign Exchange (Money transfer) purposes.  The data is written by Godi.  The data must not be seen as providing advice.  Advice is always personal to an investor’s needs.

https://www.bestpricefs.co.uk/app/foreign-exchange/

If you have any questions, concerns or require advice, simply get in touch.

Warmest Regards.

BestPrice FS 

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Best Price FS by Natalie Evans - 6d ago
https://www.bestpricefs.co.uk/app/foreign-exchange/ Friday
  • Movement was fairly limited in FX markets Friday, with most of the major pairs closing the day with gains on no more or less than around 0.2%. The South African Rand closed the week on the back-foot as the Country awaited the results of the elections, although the ANC was widely expected to win re-election comfortably.
  • There was a raft of UK economic data released Friday morning with GDP the headline print. At first glance UK economic growth for the first quarter of +0.5% would appear impressive, particularly given GDP only registered +0.2% in the final quarter of 2018. However the pick up in growth was largely driven by Brexit stockpiling as manufacturers ramped up production ahead of the original 29th March Brexit deadline.
  • Whilst GDP for the quarter registered +0.5%, the new monthly GDP figure showed that the economy contract by -0.1% between February and March, perhaps a sign a slowdown is on the cards following the frenzy of activity ahead of that Brexit deadline.
  • Italian Retail Sales m/m -0.3% (+0.3% Exp)
  • Strong employment numbers out of Canada Friday afternoon saw the Canadian Dollar finish the week with a flourish. In fact the Canadian economy added a record 106,500 jobs in April, with the overall unemployment rate also dropping to 5.7%.
  • Of course one of the headline stories Friday was the US pushing ahead and more than doubling existing trade tariffs on Chinese imports as the trade war continues to escalate despite ongoing talks which are supposedly constructive in their nature. The US increased a 10% tariff on $200Bn worth of Chinese goods to 25% (Including Handbags, Clothing, Footwear and Fish).
Over The Weekend
  • Following the enforcement of further tariffs on Friday, over the weekend President Trump said the US is ‘right where we want to be with China’ as the trade war ramps up another notch. Trump’s top economic adviser, Larry Kudlow, had earlier said that both sides will suffer as a result of the trade dispute.
  • As negotiations between the two superpowers continued on Sunday it appears China remains defiant over the deadlock, with Beijing saying it would not swallow any ‘bitter fruit’ that harmed its interests.
  • As widely expected the ruling African National Congress (ANC) party won re-election to power in South Africa with the result confirmed on Saturday. As also expected, whilst the ANC regained power for a sixth straight term, they did so with far less of the vote than in the past, this time around taking 57.5% which was the worst ever showing for the party.
  • According to the latest Opninium Poll for the Observer newspaper, Nigel Farage’s Brexit party could be on course to secure more votes in the European elections that Labour and the Conservatives combined. Who thought we would still be discussing polls relating to Brexit some three years later?!
  • International accountancy firm BDO released a report this morning suggesting business optimism in the UK fell to its lowest rate since 2012 in April. According to a partner at BDO, ‘The only certainty businesses have at the moment is that the UK government still doesn’t know exactly how or when the UK will leave the European Union’. He added that this confusion was causing business confidence to plummet.
Today
  • Typically quiet Monday on the economic data front. Nothing of significance set for release.

MAJOR CURRENCY PAIRS
Current at time of distribution

Currency Pair Interbank Rate % Change on Day
GBP/EUR 1.1583 +0.10
GBP/USD 1.3005 +0.04
EUR/USD 1.1227 -0.03
AUD/USD 0.6970 -0.40
ECONOMIC CALENDAR
Current at time of distribution
**No data set for release**

The post May 13th Market Updates appeared first on .

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Investec’s ISA transfer deadline on their current collection of Structured Deposits and Structured Investment Plans is 17th May 2019, however, applications need to be received at this office by 13th May 2019 to allow sufficient time for posting.

Investec’s current range of plans is as follows:

Deposit Plans
  • Growth and Income Plans available
  • Capital protection and FSCS protected up to £85,000 (subject to eligibility)
  • 3, 5 and 6 year terms available
Investment Plans
  • Growth, Income and Defensive Plans available
  • Capital at risk
  • 6 and 8 year terms available
 

Please click on the following link to see the full details: https://www.bestpricefs.co.uk/investec-structured-products/

Please note this communication is not to be taken as ‘Advice’.  Advice is always specific to the individual investor.

If you have any advice needs, simply get in touch.

Warm Regards.

Best Price FS Team

The post Investec ISA Transfer Deadline approaching….. appeared first on .

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Best Price FS by Natalie Evans - 1w ago

https://www.bestpricefs.co.uk/app/foreign-exchange/ Yesterday
  • Very little in the way of economic data yesterday.
  • Sterling was one of the biggest fallers in FX space yesterday. The optimism that had peaked Friday afternoon following positive rhetoric from both Theresa May and Jeremy Corbyn has slowly ebbed away over the course of this week.
  • That was reinforced by reports yesterday that Brexit talks between the Labour party and the Government had reached ‘near collapse’. Although it’s worth noting talks are still scheduled to continue.
  • GBP/EUR closed the day just above the 1.1600 handle having dropped -0.57%.
  • GBP/USD similarly closed just a fraction above the 1.3000 handle, recorded a loss of -0.37%.
  • On a more positive note, in the event of a no-deal Brexit, the Bank of England are confident the UK Banking sector would be resilient according to BOE Dep Governor Ramsden. He also added that the BOE has been largely successful in working with other authorities in the UK and EU to mitigate the risks of a possible disorderly Brexit.
Overnight
  • The prospect of the US and China ending their trade dispute appears to have hit another bump in the road with US President Trump saying that China broke the deal in trade talks. Once again both sides have threatened to introduce greater tariffs however trade talks are due to continue today.
  • Speaking overnight, and following yesterday’s first rate cut in two and a half years, RBNZ Governor Orr said he cannot yet say whether the Kiwi central bank will need to cut rates again.
  • Polling in South Africa has now closed and the votes are being counted. Whilst the ruling ANC party is likely to win once again, the vote is expected to be alot closer this time around as people are angry about the state of the economy and alleged corruption.
  • China CPI y/y 2.5% as expected
  • China PPI y/y 0.9% (0.6% Exp)Japan Consumer Confidence 40.4 (40.3 Exp)
Today
  • No data chalked up for release this morning.
  • This afternoon there is a raft of data out of Canada and the United States from 1.30pm. US Fed Chair Powell is also due to speak around that time.

MAJOR CURRENCY PAIRS
Current at time of distribution

Currency Pair Interbank Rate % Change on Day
GBP/EUR 1.1620 +0.01
GBP/USD 1.2996 -0.06
EUR/USD 1.1184 -0.07
AUD/USD 0.6971 -0.24
ECONOMIC CALENDAR
Current at time of distribution
Time (GMT) Region Data Release Forecast Previous
13.30 CAD Trade Balance -2.4Bn -2.9Bn
13.30 USD Fed Chair Powell Speaks
13.30 USD PPI m/m 0.2% 0.6%
13.30 USD Trade Balance -51.4Bn -49.4Bn
13.30 USD Unemployment Claims 215K 230K
15.00 USD Final Wholesale Inventories m/m 0.00% 0.00%

https://www.godi.io/market-updates/newsletter-9th-may-2019/

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Best Price FS by Natalie Evans - 1w ago

https://www.bestpricefs.co.uk/app/foreign-exchange/ Yesterday
  • With little economic data and no real news to speak of, following Friday afternoon’s rally to recent highs, the Pound continued to weaken in FX space yesterday. GBP/EUR slid back below the 1.1700 handle, whilst GBP/USD settled in the Mid-1.3000’s.
  • The European Commission cut Eurozone growth forecasts for 2019 yesterday. The Commission now think the single currency bloc will grow by just 1.2%, down from the 1.3% estimate in February. Their forecast for the EU as a whole, which still includes the UK, was cut to 1.4% from 1.5%. The Commission said the European economy is showing resilience, but the risks to the outlook remain pronounced.
  • It was confirmed yesterday afternoon that the UK will take place in European elections with the Government seemingly having failed to reach a compromise deal with the Labour party. The EU had granted the UK an extension to article 50 to the 31st October, however the bloc stipulated that the UK must put forward candidates for the European elections if a deal for leaving the EU had not been agreed by Parliament by the 23rd May. Senior Tory Minister David Lidington confirmed the situation, adding he ‘deeply regrets’ that the UK had not left the EU as planned in March.
  • Sticking with Brexit, EU Commission President Jean-Claude Juncker said staying quiet during the UK’s referendum on EU membership was the biggest mistake he has made as the EU’s chief executive. Respecting the wishes of the then PM David Cameron, Juncker said it was a mistake not to intervene during the referndum, as the EU could have been the one’s to destroy the lies being circulated.
  • According to a IBD/TIPP poll, US economic optimism hit a 15-year high during May. The poll which surveys consumers hit a reading of 58.6, that was up from 54.2 in April. Any reading above 50 represents optimism, whilst below 50 pessimism. This was also the 32 consecutive month of optimism.
  • Canadian Ivey PMI 55.9 (51.5 Exp).
Overnight
  • The main story overnight was the Reserve Bank of New Zealand’s slightly surprise decision to cut their benchmark interest rate by 25 basis points, with the official cash rate now standing at a record low of 1.50%. Whilst not a total shock, the RBNZ said they took the decision as when considering the employment and inflation outlook, the lower cash rate was now most consistent with achieving their objectives and provides a more balanced outlook for interest rates. The central bank also projected that rates had a chance of going even lower.
  • The New Zealand Dollar was initially sold off aggressively in FX markets, however those losses were quickly pared back. The Kiwi Dollar does however remain substantially lower than where it was trading yesterday evening ahead of the RBNZ meeting.
  • The Pound is on the back-foot this morning as hopes of a Brexit compromise between the Tory and Labour party appear to be fading.
  • German Industrial Production m/m +0.5% (-0.5% Exp)
  • The Daily Telegraph are reporting that Senior Tory MP’s are going to give Theresa May until this afternoon to set out her ‘road map’ to resignation.
Today
  • Very little in the way of economic data today.
  • Minutes from the ECB’s most recent monetary policy meeting will be released at 12.30pm.

MAJOR CURRENCY PAIRS
Current at time of distribution

Currency Pair Interbank Rate % Change on Day
GBP/EUR 1.1636 -0.33
GBP/USD 1.3035 -0.21
EUR/USD 1.1201 +0.10
AUD/USD 0.7018 +0.10
ECONOMIC CALENDAR
Current at time of distribution
Time (GMT) Region Data Release Forecast Previous
09.15 GBP BOE Member Ramsden Speaks
12.30 EUR ECB Monetary policy meeting minutes
13.15 CAD Housing Starts 194K 193K
13.30 USD Fed Member Brainard Speaks

https://www.godi.io/market-updates/newsletter-8th-may-2019/

The post May 8th Market Updates appeared first on .

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