As the eurozone’s largest economy, Germany’s economic data is particularly noteworthy and is seen as a pretty good indicator for the eurozone’s performance as a whole. It will therefore be of some concern that the German construction sector…
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The day was understandably dominated by the US election results, but there was some economic data from the UK in the form of the Halifax house price index. Year-on-year, the figure came in at 1.5% which was higher…
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As the US election result filtered through to the markets yesterday, the dollar weakened against sterling and the euro. The Democrats managed to take control of the House and, although Republicans tightened their grip on the Senate, they…
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Democrats took control of the House in the midterms this morning, with both sides claiming victory. Trump said that it was a ‘tremendous result’ despite the fact that he could now be investigated for a wide range of…
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The economic data schedule in the eurozone was fairly busy yesterday, with the Markit composite and services PMI final readings for Germany and the eurozone. Composite PMI in the eurozone dropped to 53.1 in October from 54.1 the…
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Sterling climbed to a two-week high against the dollar yesterday in rather astonishing circumstances. With no major economic data releases from the UK, any moves were likely to be fuelled by events elsewhere or reports of Brexit developments.
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While most of us were enjoying our beauty sleep through last night, people across America were casting and/or counting votes for the 2018 midterm elections. The full results are still filtering through, but it has been confirmed that…
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At 6am on the eastern seaboard, polling stations will open so that the American public can vote in the midterm elections. It is impossible to call right now, although there are reports that voter turnout could be higher…
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