Treasury Hub Update - July ‘19

This is the sixth Banking and Treasury Report of 2019 which we bring to you as part of THE TREASURY HUB.

There has been a rapid fall off in interest rates in the main economic areas over the past two months, which is quite concerning for the macroeconomic outlook.

The appointment of Christine Lagarde as ECB President is currently being assessed by the markets. GBP has weakened to EUR/GBP0.9000 and it is difficult to see anything other than GBP remaining weak for now.

The Treasury Hub - Banking and Treasury Report July 2019 can be downloaded here.

For any queries relating to this newsletter, please contact Chris Ball, Partner.