The Euro traded in narrow ranges during the European session on Tuesday with resistance on approach to the 1.0600 area and little in the way of fresh Euro-zone developments as concerns surrounding the French Presidential election eased slightly.
Chancellor Reeves Market observers were no better informed at the end of the Rachel Reeves speech than they were at the outset yesterday morning. The only surprise was that having comprehensively floated options in the past two months for inclusion in her November 26 Autumn Statement, that the Chancellor should have elected to speak at […]
Office of Budget Responsibility If matters were not already murky enough, it now transpires that the unscheduled release of forecast on Budget Day was not a first for the OBR. Not really much of a story now that the previous Head of the OBR has done the honourable thing and fallen on his sword. But […]
Gold and Silver As regular readers know we do not offer gold pricing but we do of course monitor the Gold price action as it is a key input into Equity, FX, and interest rate markets. Gold stands at USD 4,205 and Silver at USD 55.62. That gives a price ratio of 75. This week […]