On Friday, the Gfk consumer confidence index in the UK climbed 3 points to -7 in August. This was better than the -10 the markets had been expecting, which is some welcome positive news. It was a fairly…
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The headline release from the eurozone in Friday was the flash inflation rate for August. It is expected that it will ease to 2% in August, lower than the 2.1% that the markets had expected. We also saw…
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Trump caused further controversy on Friday by threatening to withdraw from the World Trade Organization (WTO). In an interview with Bloomberg, the president said the US will quit the WTO if they don’t shape up. Quite what he…
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decreasing by 2.9% On a day where footage emerged showing that Trump was unable to remember the words to ‘God Bless America’ at a patriotic event he had commissioned, the US’s trade balance for April beat forecast. It…
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What a difference a few days can make to the economic climate of an area! Since the turn of the year, the eurozone’s economic data releases have been faintly underwhelming and built a picture that appeared at odds…
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With no major economic data releases from the UK yesterday, any currency movements were likely to be a result of events elsewhere. Sterling weakened against the euro following some extremely positive PMI data from Germany and the eurozone,…
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Earlier this week, the World Bank published its latest global economics report and it makes for harrowing reading. The Washington-based organisation uses conservative estimates to measure the risks to the world economy as a result of rising economic…
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