According to an investment bank analyst we follow, Pound Sterling can extend a recent advance against the Euro. Derek Halpenny, Head of Research for Global Markets at MUFG, says the British Pound will find itself particularly well supported against the Euro, given his expectations that the Bank […]
Company said it had been forced to take action to deal with ongoing costs crisis and impact of El Niño Peru’s Camposol has announced a corporate restructuring and layoffs as it struggles to deal with spiralling costs and the economic crisis. On 14 September CEO […]
The country’s berry export season is expected to gain momentum after a slow start South African blueberry exporters have reported strong markets so far this season, although they have been frustrated by a slow start to production. The industry is still on target to export […]
GBP/EUR supported near 1.1492, 1.1469 & 1.1454 Meeting resistance near 1.1616 & 1.1645 short-term Scope for 1.1476 to 1.1620 range with ECB in focus Could lose 1.15 if ECB looks to extend cycle further The Pound to Euro exchange rate was hobbled last week and could […]
Lidl tops the chart of major retailers as the most supportive of British berries, followed by Aldi and Waitrose British Berry Growers (BBG), the industry body representing 95 per cent of berries sold in the UK, has started publishing weekly sales data from its members […]
GBP rally has faded over recent days Following a distinct H1 outperformance Barclays (LON:BARC) now bullish on GBPEUR Goldman Sachs (NYSE:GS) retains constructive stance NatWest (LON:NWG) Markets wary of negative impact of rising mortgage rates The British Pound was caught in tight trading ranges alongside the rest of the […]
The Pound to Euro exchange rate (GBPEUR) can extend its current rally over the coming days according to strategists at two investment banks. Both Barclays (LON:BARC) and CIBC Capital Markets say it is too soon to fight the Pound’s current trend of appreciation, even if there remain […]
GSCOP expert and former senior Asda buyer Ged Futter says the current supply shortages at UK supermarkets are down in large part to retailers’ all-consuming focus on price at the expense of product availability There are no reports of shortages in France and Germany, and […]
The U.S. dollar climbed to three-month highs Wednesday after Federal Reserve Chair Jerome Powell guided towards a higher terminal rate than previously expected on the first day of his testimony before the U.S. Congress. At 03:10 ET (08:10 GMT), the US Dollar Index, which tracks the […]
Sterling edged lower on Monday at the start of a data-heavy week in which investors will scan inflation prints from the UK and the U.S. to make bets on the pace of further interest rate hikes. UK inflation likely eased further in January to 10.2% […]