by Alexander Fordham | Aug 20, 2019
The dollar has had a relatively strong start against the pound today, benefitting from the latter’s weakness over Brexit uncertainty. Donald Trump called yesterday for the Federal Reserve base rate to ‘be reduced by at least 100 basis points, with perhaps some...
by Alexander Fordham | Aug 20, 2019
Germany’s Bundesbank’s monthly meeting didn’t make for particularly positive reading yesterday, stating that the EU’s largest economy will likely continue to contract. It pointed to a ‘downturn in industry’ largely due to falling demand from abroad and the return to...
by Alexander Fordham | Aug 20, 2019
The pound is down against the euro this morning, and yesterday figures were released showing British households are more and more cautious over major purchases. The HIS Markit Household Finance Index for August showed a three-month low of 43.7, with many pointing to...
by Alexander Fordham | Aug 20, 2019
Concerns about the economy are making households more and more cautious, according to the latest IHS Markit figures, showing a three-month low in household confidence. The pound is choppy against the euro this morning, as Brexit uncertainty continues. Boris Johnson...
by Alexander Fordham | Aug 19, 2019
Donald Trump has played down worries of a global economic slowdown, stating that America is ‘doing tremendously well…consumers are rich, tax cuts loaded up with money…’ His economic advisor Peter Navarro followed the same line, stating that ‘we’re going to have a...
by Alexander Fordham | Aug 19, 2019
It’s been a choppy start to the day for the euro, with concerns over the Italian political crisis weighing down on the single currency. Matteo Salvini has called for a vote of no confidence in the Prime Minister, also his coalition partner, but the date was postponed...
by Alexander Fordham | Aug 19, 2019
The pound is down against the euro and dollar this morning, after a choppy week last week. This week will be a quiet one for economic releases, although we will see industrial trends on Tuesdays, which are expected to have picked up, albeit still remaining in the...
by Alexander Fordham | Aug 19, 2019
It’s a quiet week for economic releases, with the agenda largely expected to be dictated by political events. The pound is down against the euro and dollar, but, with concerns over the Italian political crisis in the euro, there is a lot of uncertainty on the horizon....
by Chris Nye | Aug 19, 2019
The pound starts the week two cents higher against the euro than last Monday and a cent higher against the US dollar. In the context of the past four months that’s the classic example of a ‘dead cat bounce’. Good news all the same if you’re...
by Alexander Fordham | Aug 16, 2019
The dollar is weak against the pound but strong against the euro today. A surge in US retail sales has allowed the greenback to hold onto its gains and eased concerns about a slowing economy. The report showed that sales rose by 0.7% last month, after a 0.3% growth in...
