Annegret Kramp-Karrenbauer, a staunchly Catholic conservative career politician, was elected leader of Germany’s Christian Democrats on Friday. As the successor of Angela Merkel, Kramp-Karrenbauer is widely tipped to become the next German chancellor, although that is not a…
Read more
›
The Halifax house price index for November was released on Friday morning and both the monthly and annual readings came in well below expectations. Month-over-month, prices grew by 0.3% from 1.5% the month before, against an expectation of…
Read more
›
It was a busy end to the week on Friday, with many surprises throughout the day. However, before we get onto the economic data events, we wanted to remind you, that unless No 10 decides to delay, tomorrow…
Read more
›
The main economic data release from yesterday was the US balance of trade figures for October 2018. They showed that the trade deficit widened to $55.5 billion from an upwardly revised $54.6 billion the previous month and above…
Read more
›
Although stock markets across Europe slumped, there was some welcome positive economic data from Germany yesterday. The eurozone’s largest economy has not been faring all that well of late, but there was some unexpected respite. German industrial orders…
Read more
›
If you’re tired of hearing about Brexit, then perhaps yesterday’s news provided some relief. However, it was more bad news, as the FTSE 100 suffered its worst day since the EU referendum. The British stock market closed down…
Read more
›
Over the past few days (weeks, months, years?!), Brexit has been dominating the headlines, but some respite came yesterday in the form of stock markets around the world. There were some significant drops in the UK, Europe, Asia…
Read more
›
Last weekend, there was real optimism surrounding the trade war between the US and China, and it looked as if there could well be some light at the end of the tunnel. Reports that America had agreed to…
Read more
›