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Trump Wins US Election #fxmarket #fx #businessnews #currencymarkets #monetae

Markets Get Ready For US Election #fxmarket #fx #businessnews #currencymarket #monetae

Pressure Builds on The Dollar Ahead of US Election #fxmarket #fx #businessnews #currencymarkets #monetae

Sterling Suffers as Investors Concerns Creep In After UK Budget #fxmarket #fx #businessnews #currencymarkets #monetae

The UK Autumn Budget for 2024, delivered by Chancellor Rachel Reeves, highlighted significant shifts in government spending, borrowing, and taxation, with major implications for the financial markets. Key points include a substantial increase in government borrowing to support public services and infrastructure, a strategy aimed at stabilising the economy and supporting GDP growth through 2025. However, this fiscal boost raised concerns within bond markets, as the scale of borrowing might increase gilt yields, especially given high existing borrowing costs in the UK. Central to the budget were tax hikes of £40 billion, targeting high-income earners and corporations, with a notable focus on businesses and wealthy individuals. National Insurance contributions for employers are set to rise in 2025, adding pressure on company payrolls and potentially influencing market views on UK equities, especially in labor-intensive industries. A new VAT on private school fees was also confirmed for January 2025. The budget also introduced two fiscal rules: balancing the current budget by 2029–30 and ensuring public sector net liabilities decrease as a proportion of GDP. These fiscal targets are meant to reassure markets of long-term fiscal responsibility, though meeting them depends on achieving the forecasted economic growth. In response to the budget’s implications, analysts anticipate potential shifts in the British pound and government bonds. The increased borrowing requirements could apply upward pressure on yields, affecting the appeal of UK government debt to foreign investors. For currency markets, increased government spending may provide temporary support for the GBP in anticipation of stronger growth, but market reaction will closely depend on inflationary trends and future monetary policy adjustments by the Bank of England. How do these changes affect you and your finances? Follow us for more insights and the market reactions via our LinkedIn Newsletter. #fx #funding #businessnews #currencymarkets #monetaefx #finance

Pound Rebounds After Autumn Budget #fxmarket #fx #businessnews #currencymarkets #monetae

Markets fluctuating Ahead of UK Budget & US GDP #fxmarket #fx #businessnews #currencymarkets #monetae

Here are the key events of the week in the global economy but how are they affecting you? Monetae FX are here to help in anyway we can to support your business. Feel free to get in touch should you need anything on 0207 119 1547. #fxmarket #fx #businessnews #currencymarkets #monetaefx

UK Autumn Budget Tomorrow - How ‘Painful’ Will Things Be? #fxmarket #fx #businessnews #currencymarkets #monetae

Dollar Finding Strength With a Busy Week Ahead #fxmarket #fx #businessnews #currencymarkets #monetae