Gold has been a medium of exchange around the world for thousands of years. In this regard, we can say gold markets have been around as long as civilization. Gold is still traded today, whether it is individuals buying gold jewellery and selling it when prices or high or traders investing in gold ETF5 or commodities contracts.
For foreign exchange industry, 2018 was a year of turbulence, uncertainty and volatility for GBP, USD and EUR. 2019 has not been dissimilar so far. So what’s in stock for… read more →
Travelling is often a once-in-a-lifetime experience, and many of us would prefer not to penny pinch while enjoying ourselves in a new and exciting location. It can be hard to… read more →
On the 5th of February 2018, the Dow Jones suffered the worst day in over six years. Followed by a global stock market plunge, the Index dropped in average 4.6%… read more →
In an early scene in the Hollywood blockbuster, “The Wolf of Wall Street”, Matthew McConaughey, acting as a senior broker, describes predicting the value of a stock as a ‘Fugazi’…… read more →
Gold – chemically abbreviated to ‘Au’ originating from the Latin word ‘Aurum’, is widely seen as the investor’s safe haven in times of economic turmoil. The reason for this, is… 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 ECB stimulus – what is happening? The European Central Bank is basically offering financial institutions free money – The ECB has reduced the eurozone interest rates to zero, increased… read more →
2015 was a year of volatility in equity and debt markets, driven by tumbling oil prices, political issues and Greece taking the Eurozone stage. On the upside however, UK bank… read more →
So where are we now following the UK Spending Review? The UK government spending review and stock market reactions have been rather uneventful; with ratings agencies like Fitch outlining that… read more →
Following the release of inflation data, which showed that consumer price inflation (CPI) had reached the record low level of 0% in March, the pound moved weaker against both the… read more →
When a bank or finance house lends out money they will usually use a reference rate, which in the United Kingdom will usually be LIBOR (London Interbank Offered Rate) or… read more →
