by Christopher Nye | Feb 27, 2026
Sterling took an early bath yesterday as the markets looked nervously at what the result of the Gorton and Denton by-election might hold. Their fears were justified as, whatever you think of the politics, the markets tend to take against leftward turns (and some...
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by Charles Purdy | Feb 27, 2026
The pound has crashed to its weakest against the euro since mid-December this morning, following the Labour Party losing the Gorton and Denton by-election to the Greens yesterday. Since yesterday, sterling has lost between half and two-thirds of a percent against all...
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by Ryan Morrison | Feb 26, 2026
The dollar has lost ground for a second straight session, and the broader trend isn’t hard to explain. US growth slowed sharply to 1.4% in the final quarter of 2025, consumer confidence remains below recession-warning levels for the thirteenth consecutive month,...
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by Ryan Morrison | Feb 26, 2026
EUR: Factory floor recovery There’s a quiet turnaround happening in eurozone manufacturing. The flash PMI crossed back into expansion territory for the first time since mid-2022, led by Germany, where factory output grew for the first time in over...
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by Ryan Morrison | Feb 26, 2026
It’s been a while since the UK economy delivered this many positive surprises in a single week. The purchasing managers’ index (PMI) composite reading of 53.9 points to solid expansion, retail spending is up sharply, and the fiscal picture looks healthier...
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