Yesterday, there were reports that Democrats on the House oversight committee have launched an investigation into Trump’s use of security clearances. They said that there have been ‘grave breaches’ in the process and it will be interesting to…
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The only release of note from the eurozone yesterday was the flash consumer confidence reading for January. While the indicator rose to -7.9 from a two-year low of -8.3 the previous month, this was still worse than market…
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It has been a good few days for the pound, but yesterday’s gains were the biggest for some time. The strengthening against the euro and dollar was brought about through a perception that there is a diminished chance…
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The pound had a fine day against the euro and dollar yesterday, almost hitting €1.15 and $1.31. The moves came following a Brexit delay push, where Labour confirmed it would back an attempt to prevent a disorderly no-deal…
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With next week’s Brexit motion edging closer, MPs from across the Commons are tabling amendments to the proposals. The one that is attracting the most attention concerns speculation that up to 40 members of the government will resign…
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It was a fairly quiet day for economic data from the US yesterday, although we did see existing home sales for December. The figures showed that sales of previously owned homes slumped by 6.4% which was far below…
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The eurozone will be thankful for small mercies at the moment, with a raft of data showing its economy is struggling at present. Yesterday, the German ZEW economic sentiment index unexpectedly rose by 2.5 points in January to…
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Figures released yesterday showed that average earnings, including bonuses, increased by 3.4% in the three months to November 2018. It is the fastest rate since the three months to July 2008 and was better than the 3.3% the…
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