The main release from the US yesterday was the consumer confidence index reading for January. The figure – calculated by America’s Conference Board – dropped to just 120.2 this month from 126.6 in December. While the markets had…
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After last night’s Parliamentary vote on the Brexit deal, the European Council President, Donald Tusk, announced that the EU was not prepared to reopen the deal. “The withdrawal agreement is, and remains, the best and only way to…
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Last night, the government-backed amendment, tabled by the senior Conservative Graham Brady, was narrowly passed in the Commons. Ultimately, this means that Theresa May now has two weeks to renegotiate the Irish backstop issue with Brussels. However, EU…
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Reaction to last night’s result is certainly mixed, with the more conservative papers lauding Theresa May’s achievements and the fact she managed to unite her party, while others appear concerned by the latest developments. It is difficult to…
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Stocks around the world drifted lower yesterday as investors appear to be nervous about the high-level trade talks that will take place between the US and China later this week. It will be hoped that some progress can…
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Yesterday, Reuters reported that Greece is preparing to issue a new five-year bond. Last August, the country emerged from its third international bailout programme since 2010 and the issuing of new bonds is a means to generate some…
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There are now just 59 days until Brexit and I have absolutely no idea what will happen next. MPs will vote on Theresa May’s Brexit deal tonight, as well as several amendments - although exactly which of those…
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British MPs could well make this a night to remember, as the Parliamentary vote on Theresa May’s Brexit deal takes place at 7pm tonight. Towards the end of Friday, sterling continued its fine form against the dollar by…
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