The Finseta Blog

Given the ongoing economic crises in various countries around the world, attention at the moment is rightly more focused on interest rate decisions than in normal times.  The process for raising or lowering interest rates varies from country to country. For some, it’s a pretty simple decision made by the Finance Minister, for others, it […]

It’s been a whirlwind few days again in the UK as we were introduced to our third Prime Minister this year!  On Tuesday, Rishi Sunak walked through the famous door of Number 10 and set to work appointing a new government of equal parts continuity and change. In his first speech as PM, he recognised […]

On Saturday 22nd October following another set of early elections in Italy, a government consisting of four right-wing political parties was sworn into office. The leader is Giorgia Meloni, leader of the far-right Fratelli d’Italia, a party that emerged from the neo-fascist movements of the 70s and 80s. Meloni is Italy’s first female Prime Minister […]

Events in the UK are moving quicker than anybody can possibly keep up with. No sooner have words been written and published than they become almost instantly out-of-date. The term ‘unprecedented’ gets used a lot at the moment but the events of this week truly are remarkable- you’d have to go back to the 19th […]

When it comes to currency, the US Dollar dominates all the others. No currency comes even close to having a similar power. The dollar accounts for nearly 60% of world foreign currency reserves and trillions of dollars of daily FX transactions. When this currency moves, the rest of the world takes notice. The Dollar’s reign […]

Another week is soon to come to an end, yet a new round of high drama in the UK has just begun.  At the time of writing, the Prime Minister has just sacked the Chancellor and seems to be in the process of fundamentally u-turning on the entire economic agenda that set the market plunging […]