Since 2009, China has been the largest exporter of goods and services in the world with a market share of roughly 14%. In 2023, China’s exports across the globe totalled $3.38 trillion. Its trading relationship with the UK dates back hundreds of years. Currently,...
“Stagnant growth, inflation and rate cut expectations dominated market rhetoric as we entered 2024. Whilst they remain at the forefront of investors’ minds, the path taken in Q1 will have taken some commentators by surprise.” At the start of the...
“Last year, double-digit inflation took center stage as the main disrupter of the global economy. While it’s likely to remain a factor, new events are poised to cause financial markets headaches in 2024.” Those are the words of Sam Murray, business development manager...
We received 50% more currency enquiries in the first week of November compared to the first week of October in 2023. Why? Well, according to Privalgo’s currency experts, unpredictable US economic data caused significant movements in the value of the dollar against...
The shipping container industry is a multi-billion-dollar industry and a vital part of the global economy. It is estimated that 80% of all goods are carried by sea. Moving goods over vast distances, and through different transportation modes, exposes businesses to a...
Recently, Privalgo has seen a huge influx of sterling purchases. The current banking crisis has impacted banks all over the world, but, presently, the UK banking sector appears strong. As a result, investors are taking advantage of the UK’s sturdy banks and are...
