Market Reports
IFX Market Report: Friday 2nd August 2024
Thursday 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: Friday 2nd August 2024
IFX Market Report: Tuesday 9th January 2024
IFX Market Report: Wednesday 8th November 2023
IFX Market Report: Tuesday 14th November 2023
IFX Market Report: Wednesday 1st November 2023
The Bank of England is likely to maintain its current interest rates, which are at their highest levels since before the financial crisis, this week.
IFX Market Report: Tuesday 24th October 2023
According to the latest data from the Office for National Statistics (ONS), the UK’s unemployment rate increased by 0.2% in the three months ending in August.
IFX Market Report: Thursday 19th October 2023
In a surprising turn of events, the UK saw no change in inflation for September, with it remaining at 6.7%.
IFX Market Report: Monday 9th October 2023
According to a survey conducted by the British Chambers of Commerce, UK businesses are hesitant to make significant investments in machinery and new technology.
IFX Market Report: Wednesday 27th September 2023
According to a report from a prominent US thinktank, the UK’s economy is expected to contract in both the current year and 2024.
