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 […]
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IFX Market Report: Wednesday 14th June 2023
In April, the British economy experienced a return to growth, surpassing the expectations of the Bank of England.
IFX Market Report: Friday 9th June 2023
Yesterday, the Prime Minister and President Biden reached a ground-breaking economic partnership that marks a significant milestone in the relationship between the UK and US.
IFX Market Report: Friday 2nd June 2023
The possibility of the Bank of England implementing additional increases in interest rates has resurfaced following the release of inflation data last week.
IFX Market Report: Friday 26th May 2023
On Wednesday the consumer prices index for April, as reported by the Office for National Statistics, recorded a decrease in inflation to 8.7%, compared to 10.1% in March.
IFX Market Report: Tuesday 23rd May 2023
Britain’s Prime Minister, Rishi Sunak, has disclosed that the United Kingdom will receive a Japanese investment exceeding $22 billion.
IFX Market Report: Tuesday 16th May 2023
This morning, the jobs data in the UK presented a mixed picture.
IFX Market Report: Wednesday 10th May 2023
The British economy is currently performing well, with households continuing to spend despite the cost of living crisis.
IFX Market Report: Friday 28th April 2023
Barclays’ CEO, CS Venkatakrishnan, stated that despite the bank’s strongest quarterly profit since 2011, the British economy is still not out of danger.
IFX Market Report: Wednesday 19th April 2023
The UK saw a mixed bag of data yesterday as unemployment rate rose to 3.8% from 3.7% in the 3 months leading to February, mainly down to the number of people on long term sick rising.
