Your Monday morning coffee briefing from TFG. A container ship ran aground, blocking the Suez Canal which carries about 12% of global maritime trade. The blockage may take some time to clear, further disrupting global shipping, already beset by high freight costs and delays caused by the pandemic.
Plain sailing ahead for UK freeports? Probably not. TFG’s McKenzie summarises the key points from the UK budget and what it means for trade.
Sterling is likely to strengthen in 2018; we spoke to analysts at Checkintocash, who are looking at exchange rate views and future trends for the first half of 2018. The… read more →
Currency markets and currency conversions are often complicated, but by understanding the basics, looking at bank forecasts and looking at how exchange rates can affect a businesses bottom line is… read more →
The Rio Olympics: Does anyone need a plumber? The first ever Olympic Games held in South America begun in Rio de Janeiro last week, amidst a series of unfortunate events… read more →
The big event for Sterling this week, and arguably for the remainder of 2016, could well prove to be the Bank of England’s August policy decision. Money markets are now… read more →
The GBP faces months of decline as the UK economy appears to be headed for recession. The UK’s decision to exit the European Union came as a shock to financial… read more →