The headline release from the US yesterday, was the ISM non-manufacturing PMI reading for December. Last time around, the reading was exceptionally strong at 60.7 and was expected to dip to 59.0. However, it actually came in at…
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It was a bit of a mixed start to the week for economic data from the eurozone, as the day began with some disappointing news from Germany. In November, factory orders fell by 1% month-on-month which was worse…
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There was more bad news for the UK automotive sector yesterday, as the latest new car sales figures showed that new car registrations slumped by 5.5% year-on-year in December 2018. The Society of Motor Manufacturers and Traders reported…
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As MPs returned from their Christmas break, there was much Brexit-related news to get our teeth into. Theresa May is set to chair a new Brexit cabinet committee that has been set up to plan for Brexit, including…
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The headline release from the US on Friday was the non-farm payrolls reading, which came in far better than expected. The figure increased by 312,000 in December following an upwardly revised 176,000 increase in November, smashing expectations of…
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On Friday, we saw eurozone inflation fall to 1.6% in December, from 1.9% the previous month and below expectations of 1.8%. It is the lowest rate of inflation since April 2017 and as mainly down to a slowdown…
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Figures released on Friday showed the continuing effects of Brexit anxiety on the UK economy, with the latest services PMI reading showing that optimism among services companies has dropped to its lowest levels since the financial crisis.
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Good morning to you all. We trust you had a decent festive break? Many of you no doubt returned to work last week, but some of you will be back in the office today for the first time…
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