News

Shell profits nearly triple as oil prices surge
May 5, 2022

Energy giant Shell has reported its highest ever quarterly profits as oil and gas prices surge around the world. Shell made $9.13bn (£7.3bn) in the first three months of the year, nearly triple its $3.2bn profit it announced for the same period last year. But the firm said pulling out of Russian Oil and Gas […]

Farmers warn Ukraine war will hit UK food prices 
March 9, 2022

UK food prices will rise as a result of the war in Ukraine, the National Farmers’ Union (NFU) has warned. Some 30% of the world’s wheat comes from Ukraine and Russia and exports will stop during the conflict, it says. In addition, the price of gas – which is used to heat greenhouses and to […]

U.S. consumer prices post largest annual gain in 40 years 
February 10, 2022

U.S. consumer prices rose solidly in January, leading to the biggest annual increase in inflation in 40 years, fueling financial markets speculation for a 50 basis points interest rate hike from the Federal Reserve next month. The broad increase in prices reported by the Labour Department on Thursday was led by soaring costs for rents, […]

Surging food prices push inflation to 30-year high
January 19, 2022

Prices have gone up at their fastest rate in nearly 30 years – but there is worse to come, experts have warned. Soaring food costs and the energy bill crisis drove inflation to 5.4% in the 12 months to December, up from 5.1% the month before, in another blow to struggling families. The last time […]

US consumer prices soar 7% as food and car costs jump
January 12, 2022

Prices in the US are rising at their fastest rate in almost 40 years, with inflation up 7% year-on-year in December. Strong demand and scarce supply for key items such as cars are driving the increases, which are putting pressure on policymakers to act. The US central bank is expected to raise interest rates this […]

Inflation: UK prices soar at fastest rate for almost ten years
November 17, 2021

The cost of living has surged at its fastest pace in almost 10 years, hitting 4.2% in the year to October. It is mainly due to higher fuel and energy prices but the cost of second-hand cars and eating out also rose, the Office for National Statistics said. Inflation is up sharply since Covid restrictions […]

UK economic growth slows as supply problems hit the recovery
November 10, 2021

UK economic growth slowed between July and September as supply chain problems hindered the recovery, the latest official figures show. The Office for National Statistics said consumer spending increased as Britain continued to emerge from lockdown. But that was offset by falls in other areas of the economy, leaving growth for the three months of […]

Covid: Hard months to come in pandemic for UK, says Van-Tam
November 3, 2021

Very high” coronavirus rates in the UK at present mean there are hard months to come, England’s deputy chief medical officer has warned.  Prof Jonathan Van-Tam has said it was a concern that Covid levels were “running this hot, this early in the autumn season”. He said too many people believed the pandemic was now […]

TOMMY'S BLOG

Tommy started working at Corellian straight from school, eager to expand his knowledge in the Financial Markets. Follow how he interprets the markets each week in his own words.


Monday Blog
April 18, 2022

Tommys Blog

A nice squeeze in EURUSD this morning back up towards 1.0835 presents an opportunity to sell as the USD continues to look strong with dollar yields up. Alongside Lagarde’s dovish comments once again at the end of last week i see no real reason for this slight Euro rise to continue. I’ve entered a small short for the time being at this […]


Monday Blog
March 7, 2022

Tommys Blog

Other than Ukraine the ECB is the main event to look out for this week. Whilst the interest rate should remain unchanged it will be interesting to see what kind of approach is taken in the press conference by Largarde . With inflation still on the ride alongside the ongoing problems with Ukraine, how long will the ECB put […]


Monday blog
February 21, 2022

Tommys Blog

Today i narrowly remained in my EURGBP position as it climbed up to 0.8386 just missing my 90 stop loss. i do not see any real reason for this rally as both sterling and EUR Saw very strong CPI figures and proximity i would think the EUR should suffer more from the Russia/Ukraine situation. So […]


Thursday Blog
February 17, 2022

Tommys Blog

Obviously markets are extremely difficult to predict at this time with the current situation in Ukraine rapidly intensifying. To me this would most likely negatively impact the Euro still and this is why i have left my short in EURGBP going into next week. However this is with a tight stop at the figure due to […]


Thursday Blog
February 17, 2022

Once again as expected GBP CPI was strong, as all GBP data has been lately. Off the back of this we have seen a continued fall in EURGBP now trading down at 0.8350 and hopefully we will see a test of February lows of 0.8300 as we head into the weekend. I have lowered my stop to […]


Monday blog
February 14, 2022

Tommys Blog

Another interesting week once again in terms of data, starting off with GBP CPI on Wednesday and followed by USD Retail Sales on Thursday. EURGBP has started as it ended last week, continuing to fall further. I still remain short at 0.8420 for the time being. However, if this move continues i might look to buy half back to lock in some profit […]


Thursday Blog
February 10, 2022

Tommys Blog

CPI figures surprised on the upside today as it beat consensus coming in at 6%, a strong number. Alongside this we saw ECB’s Lane speak earlier looking to walk back interest rate hikes for this year and  backing up Lagarde’s more dovish tone from last night. EURUSD hasn’t seemed to move much from here surprisingly however crosses such […]


Monday Blog
February 7, 2022

Tommys Blog

Good morning, Lagarde is under continued pressure from markets to hike and it seems more hikes are now being priced after her hawkish comments yesterday. US CPI is the main event of the week and I will look to remain all square heading into that, especially as no data out of the US has been particularly good asof late […]


Monday Blog
January 24, 2022

Tommys Blog

To tart the week I intend to remain all square, but keeping my focus on the dollar as we wait for the Fed Interest Rate Decision and US GDP. With that being said i only really like the dollar improving against the struggling Euro. Therefore i will be looking at opportunities to sell any highs […]


Thursday Blog
January 20, 2022

Tommys Blog

Wednesday i was stopped out in AUDGBP at 0.5300 still locking in a small profit, this was mainly due to strong employment figures coming out of Australia. I do believe this pair is still vulnerable to the downside however i will now wait to see what the UK Retail Sales are like tomorrow morning before I potentially look […]


Monday Blog
January 17, 2022

Tommys Blog

AUDGBP starts this week trading at 0.5275 after a contained fall from lasts weeks high of 0.5325 on Thursday. This is a data heavy week for sterling leading me to lower my stop loss to 0.5300 to lock in profit already created and tighten up my parameters ahead of these events. On the other hand Australia are still […]


Thursday Blog
January 13, 2022

Tommys Blog

On Tuesday we saw very strong AUD Retail Sales which led to a nice climb in AUDGBP through the week up towards 0.5320. This provided a good opportunity to sell the pair, as I mentioned on Monday. Fortunately i managed to sell up here at the weeks high with my stop loss set at 0.5355, […]


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