Your browser is out of date

This website has been built for modern browsers, yours is many years out of date and as a result, your experience of this website will be poor.

Please upgrade your browser and pop back.

Thanks.

Market Reports

8:45am, January 2nd 2020

A new year – a new set of themes to focus on…

2020 is set up to be a very interesting year from a markets perspective. Central banks have begun to turn the stimulus taps back on while the US/China are about to officially sign a Phase 1 trade deal.

One of the dominating themes across 2020 will no doubt be central banks; including  the Federal Reserve, European Central Bank and Bank of England. The pace of global growth is slowing a lot faster than previous years and many participants are focusing on central banks to cushion the blow. Will 2020 see more interest rate cuts?

China and the US will also be in focus. Following the signing of the Phase 1 deal, which Trump is set to officially sign at the White House on the 15th January, will there be further progress or will the pair of administrations distance themselves once again?

2020 will see a big election. This time, thankfully, not from the UK. Across the pond President Donald Trump will be fighting for a second term. It’s unclear at the moment who he will be going head-to-head with but whoever this maybe, it’s sure to be an interesting battle and one which could have profound impacts on financial markets.

The first full trading day of the year kicks off with manufacturing PMIs from across the eurozone, UK and US.

All the best for 2020!

Written by Viv Savani. 8:45am, January 2nd 2020

The details expressed in this market report are for information purposes only and are not intended as a solicitation for funds or a recommendation to trade. Cornhill International Payments limited accepts no liability whatsoever for any loss or damages suffered through any act or omission taken as a result of reading or interpreting any of the above information.

Previous Reports

8:25am, December 18th 2019

Sterling slammed as concerns of hard Brexit return…

View Report
8:12am, January 10th 2020

Markets steady as key US non-farm payrolls data arrives…

View Report
8:07am, January 17th 2020

US retail sales impress, buck stabilises…

View Report

Testimonials

Our Clients Say

"I have had an association with Cornhill for over a decade and have had the pleasure of working with the same broker for the entire period of time, which is currently just over 15 years. This shows not only my dedication and customer loyalty to the company, but also their commitment and successful staff retention. The level of service I have received has never waned or altered and has been consistent over the term. Keep up the good work Cornhill. Dominic you are a legend."

Helen - FD, Essex Boatyard

"When deciding to buy a property in France, my husband and I failed to consider the implications of the currency exchange and to be honest, it was extremely daunting to know that the cost of the property could have increased significantly potentially wiping out any renovations we had planned had we sat on our hands and left it to chance. Thankfully, Dominic (our account manager) and the rest of the Cornhill team couldn’t have been more helpful, and as such helped us to understand our options and secure a price that puts our bank to shame. Always courteous and friendly, we don’t know what we would have done without them now!"

Samantha Johnson - Private Client

"I work to very tight margins in my business and as such currency volatility has a major impact on how well my business performs. After dealing with my bank for many years, I took the step of opening an account with Cornhill after meeting one of their team at an industry event. James took the time to explain the services and quickly highlighted what I was missing from my bank – proactivity and competitive pricing. It’s almost impossible to get through to someone at my bank without jumping through many hoops. Cornhill are always in touch at the right time, which helps me to time my currency purchases and make the most of moves in my favour. I now rest easy knowing I have a team of people working FOR my business and adding true value to it both in pricing terms and proactivity terms. My profits have increased and I know I am in good hands!"

Martin Fisher – FD of a Packaging Business

"My products are made abroad by trusted suppliers who I have worked with for many years. After a number of issues with my previous currency provider (payments being delayed), I decided to look at who else could help with my payments. Fortunately, I was introduced to Cornhill by a former colleague who uses their services. Since then, I haven’t looked back. Customer service is often overlooked in this ever-increasing digital age, but to know I have someone to call at the end of the phone who will listen to my query and take ownership of it for me is a breath of fresh air. Vivek and Greg have been reassuring and whenever I have a question for them, they are quick to respond and resolve."

Alexandra Houghton – Founder of a clothing business