RationalFX: The British pound remains under pressure against both the euro and the US dollar and wasn’t helped after the Bank of England (BoE) released a statement that they are not looking to intervene as of yet.
WisdomTree today launched the WisdomTree Global Automotive Innovators UCITS ETF (WCAR).
RationalFX: Yesterday saw a sharp decline for Sterling against the euro and US dollar following last week’s monetary policy decision and mini budget. The market was hoping for a minimum of 75 basis points interest rates hike from the Bank…
RationalFX: Sterling fell to record lows against the US dollar, this morning, following last week’s announcement that the UK government were set to introduce new tax cuts and incentives to boost the economy.
Franklin Templeton is pleased to announce the appointment of Martin Bechtloff and Lotfi Ladjemi as Senior ETF Sales Specialists. Bechtloff will be based in Frankfurt covering the German and Austrian markets,
ETFGI reports that global ETFs industry gathered net inflows of US$53.89 billion during August 2022
RationalFX: The Bank of England raised its key interest rate to 2.25% from 1.75% yesterday and stated it would continue to “respond forcefully, as necessary” to inflation, despite the economy entering a recession.
GraniteShares ETP : New research shows the UK’s cost of living crisis is putting the squeeze on share trading with investors cutting back or stopping to save cash.