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Euopean Inflation Hits 16 Year High

Eurozone inflation has been revised up to the highest level for 16 years and the European Central Bank's main concern now is that rising wage costs could add increasingly to the pressures created by soaring oil prices.

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Euopean Inflation Hits 16 Year High

Eurozone inflation has been revised up to the highest level for 16 years and the European Central Bank's main concern now is that rising wage costs could add increasingly to the pressures created by soaring oil prices. ... More »

HIFX Exchange Rate Commentary

Attached below is the April 2008 Sterling - Euro exchange rate commentary from leading currency specialists HIFX. An understanding of exchange rate movements is critical for Sterling denominated purchasers, and only small % movements could add significantly to the cost of purchase... More »

Interest Rates Held On Inflation Fears

European Central Banks and the International Monetary Fund (IMF) joined in unison yesterday to highlight fears of inflation for global economic growth. Both the European Central Bank (ECB) and the Bank of England's Monetary Policy Committee (MPC) kept interest rates on hold in the face of persistent global inflationary pressures.... More »

Mortgage Rate Woe

The Euribor, the key reference rate for Spanish mortgages, finished April at 4.82%, the highest in 8 years, increasing annual repayments on an average mortgage by approximately 600€ p.a. ... More »

Sterling Continues to Slide Against Euro

The latest RBS Bank Interest & Exchange Rate Forecast report highlights the continuing fall of Sterling against the Euro, a problem effecting all sterling denominated purchasers. ... More »