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Pound Freefall Prompts BoE Emergency Bond-Buying
The Bank of England, the UK’s Central Bank, has announced this week a temporary gilt-buying programme to urgently respond to a “material risk to UK financial stability”. This comes as gilt yields were on course for record highs as investors exited UK’s bonds after the government announced underfunded tax cuts and increased spending even asContinue Reading
Written on September 29, 2022 at 3:11 am
Categories: Weekly Outlook
How To Invest In And Trade Gold
Gold has been used as a store of value for thousands of years. Even today, it remains a highly liquid asset, with hundreds of billions worth traded every day. Content: What Is Gold? What Affects The Price Of Gold? Why Invest In And Trade Gold? How To Start Trading Gold? How To Read And AnalyseContinue Reading
Written on September 27, 2022 at 8:05 am
Categories: Trading Basics
Currencies Hit Record Levels Against USD
As risk appetites move ever lower and the US dollar soars, sovereign currencies are seeing the effects of global economic uncertainty. The pound has hit a record low against the greenback after the UK government introduced a new stimulus package just after the appointment of conservative party candidate Liz Truss as Prime Minister. The poundContinue Reading
Written on September 26, 2022 at 7:12 am
Categories: Weekly Outlook
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