Rare is the day when Donald Trump doesn’t do, say or Tweet something that reverberates around the world. So it was hardly surprising that on Friday, the former reality television star said that he would force a government…
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Durable goods orders for November were slightly disappointing at 0.8%, but this was some turnaround from the downwardly revised 4.3% fall in October. The markets had been expecting a figure of 1.6% so the release was both good…
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It was a relatively quiet day for the eurozone on Friday, but we did see the flash estimate of the eurozone’s consumer confidence reading. It had been expected to fall further from the previous month’s -3.9 to -4.3,…
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It was quite a busy day in the UK on Friday, with several economic data releases on the schedule. Public sector net borrowing figures showed that the UK’s budget deficit narrowed to £6.35 billion in November 2018 from…
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On Wednesday night, the Federal Reserve did as expected and hiked interest rates by 25 basis points to 2.5%. The topic of greater interest was always going to be the accompanying press conference and whether there were any…
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The fallout from the Federal Reserve’s interest rate announcement continued throughout yesterday, as stock markets around the world tumbled. The FTSE 100 hit its lowest level since September 2016 and European shares didn’t fare much better. There is…
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There were no major economic data releases from the eurozone yesterday, as the Federal Reserve’s announcement that it would hike rates two more times in 2019 dominated the headlines and market moves. Stock markets around the world tumbled…
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Yesterday, a cross-party group of MPs tabled an amendment to the finance bill to stop the UK leaving the EU without a deal. According to ITV’s Robert Peston, the amendment could be put to a vote on Tuesday…
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