Growing firms in the Algarve often reach a point where basic bookkeeping tools and spreadsheets no longer give enough control.
UK retail sales increased by 1% month-on-month in June, crushing its expectation of 0.3% decline. The strong figures mainly coming from a robust demand in sporting merchandise, clothing, outdoor products, fan and air conditioning equipment.
Currency Market Update: July 23rd 2026 - ECB Rate Decision Takes Centre Stage as Energy Prices Climb
All attention today will be on The European Central Banks interest rate decision later this afternoon, as the Euro hovers around a one-week high against the Dollar.
Sterling remains under pressure this morning after the latest UK inflation figures came in slightly weaker than expected, reinforcing the view that the Bank of England is unlikely to rush into raising interest rates.
Building a life abroad is exciting. Sorting out what happens to your assets afterward is less so, yet it matters more once you cross a border.
Markets begin the week digesting two major political developments that are likely to influence sentiment over the coming days.
Yesterday's US Inflation report came in softer than expected, with figures dropping from 4.2% to 3.5% when including food and energy, and figures excluding food and energy dropping from 2.9% to 2.6%
Portugal's property market shows little sign of losing momentum, with figures indicating the country is continuing to outperform the EU, UK and US, according to the newly published Property Market-Index Hotspots Report 2026-2027.
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- Currency Market Update: July 13th 2026 - Markets Brace for a Week of Inflation and Geopolitical Risk
- Currency Market Update: July 7th 2026 - investors remain cautious
- Managing Your Money for Algarve Leisure Spending
- Currency Market Update: June 30th 2026 - UK GDP has disappointed markets
- Currency Market Update: June 29th 2026 - the geopolitical risk is firmly at the forefront
- Currency Market Update: June 26th 2026 - Sterling under pressure at its weakest level since November
- Currency Market Update: June 25th 2026 - consumers start to see knock-on effects in inflation and energy prices










