Portugal's Golden Visa programme has evolved significantly, offering investors residency by investment and a pathway to dual citizenship and an EU passport through diversified portfolios aligned with the country's economic priorities.
The Dollar has recovered further against both Sterling and Euro after a Federal Court ruled against Trump's liberation day tariffs.
The Dollar regained some ground yesterday against both Sterling & Euro on 2 fronts. Firstly, Trump's effective U-turn on the 50% tariffs for Europe set to begin on June 1st but now being delayed until 9th July has helped bring lift consumer confidence up last month from what was almost at a 5-year low.
It was a busy and eventful long weekend for markets, dominated again by President Trump’s trade policies. On Friday, Trump announced a bold move; imposing a 50% tariff on all EU imports starting June 1st.
A positive end to the week for GBP as April Retail Sales grew by over 1%, by far surpassing the initial expectations of 0.2% growth.
Since the UK's inflation release yesterday, The Pound has had mixed reactions against both EUR & USD. Usually stronger than expected inflation would see the currency strengthen as it incentivises outside investment.
Inflation has surprisingly climbed higher than initial forecasts, with an increase in household bills being the main contribution to inflation rising to 3.5%.
Sterling enjoyed improved performance over the last week, particularly against the Euro, driven largely by speculation surrounding ongoing UK-EU negotiations.
