RE: Update21 Oct 2022 12:06
Great update, AFX making a point of saying they serve corporate business but market volatility is probably forcing companies to rethink the hedging question. Higher interest rates adding to the coffers, even if being treated as a transitory bonus. Talk of inflation possibly hitting 15% next spring due to energy costs means that volatility unlikely to disappear soon. Especially with a £20bn Government borrowing number for last month. Good news that AFX are keeping a very close eye out for possible defaults.