LIV-EX - MARKET UPDATE

Talking Trade: 12th – 18th August

The Fine Wine 50 Index has continued to rise and closed at 314.21 on Thursday, up 0.5% on the previous week. A number of wines have registered all-time highs on the Exchange and momentum remains strong.

Bordeaux activity was, however, lower this week and trade share was back below 70%. Bordeaux trade had picked up over the first two weeks of August as Sterling weakness saw buyers focus on the region. Sterling is up around 1.6% against the dollar this week.