This is the October 2019 issue of the Treasury Hub report, as we continue to bring you our regular Banking and Treasury Report as part of THE TREASURY HUB.
This week has seen the release of the UK alternative view on how Brexit may happen. A general election before Christmas is almost a racing certainty now. The EUR/GBP exchange rate continues to ebb and flow with markets views on probabilities of a hard or soft Brexit. Short-term rates are trapped in low territory and look like staying there for the foreseeable future. Worries surrounding economic growth with no inflationary pressure has led to Eurozone longer-term interest rates also easing significantly in 2019.
The Treasury Hub - Banking and Treasury Report October 2019 can be downloaded here.
For any queries relating to this newsletter, please contact Chris Ball, Partner.