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By Tom Higham

Red screen at morn traders be warned! Sterling has started the day losing ground against most the major currencies as the  fear of the swine virus continues to plauge trading.

By Tom Holian

Hello Davey here,

Those swines in Mexico have got the markets reacting this morning. We are seeing the US Dollar strengthening against the Pound following the news. Out later this week Mortgage Applications for the US and House Price Data for Nationwide.

By Tom Higham

Well the pound appears to be ending the week on a bit of a downward trend as it has lost a cent against the Euro over the days trading. This is thanks to the Office for National Statistics reporting that the UK economy shrank by 1.9% far wose than expected. Looks like this recession could be here for some time.

Oh well, at least Summer has come early!

By Dan Wright

This morning sees the release of U.K GDP data and I personally believe that Sterling will once again have a day to forget on the markets….

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By Tom Holian

Alisitair Darling dropped another clanger today when he announced public borrowing will rise to £175bn this year. Also, he is introducing a higher tax rate for those earning over £150,000 in one year. Unbelievable! no wonder everyone’s moving abroad. It reminds me of the brain drain glug glug glug…