Check out our blog every morning to see the latest news that will affect your currency transfer rate, so you know what to expect over the coming day/week.
The Santa rally has started with global bourses recovering as risk is put back on the table before year-end. With the Korean peninsula seemingly stable Asian equity markets recovered their losses, helped also in part by stronger US housing data.
VIEW FULL ARTICLEEquity markets remain nervous and we are now seeing liquidity start to drain away as we run into the Christmas break. Eurozone finance ministers agreed to contribute a further €150 billion to the IMF to boost its resources but the UK confirmed its position that any payments would have to...
VIEW FULL ARTICLEEquity markets look to be in a better mood today, although this could simply reflect position-squaring as we run into the end of year. The rally overnight reflects slightly stronger US economic data, but European markets remain skittish as forecasts for growth next year are downgraded.
VIEW FULL ARTICLEMarkets remain jittery and found little solace in the FOMC meeting overnight as the Fed continued to expound a downbeat view of the US economy. Asian bourses continue to be concerned over the eurozone sovereign debt crisis with RBA Deputy Governor Battellino commenting that a major crisis in Europe ‘can’t...
VIEW FULL ARTICLEA full set of data releases puts risk back on the table today. While this evening’s Federal Open Market Committee (FOMC) meeting remains the key event, there is still a great deal of disquiet over the eurozone package with the Finnish government the latest to start raising difficulties.
VIEW FULL ARTICLE"We can help you claim 10 to 30% of the purchase price as a tax allowance on qualifying properties in your portfolio. As an example that means on a £200,000 property you would have an allowance, or tax free income, of circa £40,000"A quick guide for youIf you pay income...
VIEW FULL ARTICLEMarket scepticism over the Friday deal for a eurozone fiscal compact has seen equity markets open lower in Europe. The current confusion is how the ESM and EFSF will co-exist and whether European governments will be able to find the €200 billion that needs to be given to the IMF...
VIEW FULL ARTICLEThe second day of the EU Heads of State Summit is supposed to save the euro. We shall see. Indeed sentiment and the overnight comments from the summit suggest there is unlikely to be a quick fix with news headlines sending out mixed and somewhat confusing signals The main focus...
VIEW FULL ARTICLEAsian stock markets closed higher, with the ASX buoyed by slightly stronger than expected Q3 Australian GDP. Futures markets show European bourses opening higher as markets await the EU Heads of State summit at the end of the week.
VIEW FULL ARTICLEOnce again, Europe and the prospects for the Single Currency dominate investor sentiment. Tempting as it is to dismiss the upcoming Summit on Friday as yet another trigger for disappointment, there is arguably a greater chance of success than any of the previous hubristic gatherings.
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