by Christopher Nye | Nov 20, 2020
European Central Bank’s President, Christine Lagarde, made a speech yesterday, pledging a stimulus response package for next month. She said that despite news that a vaccine could be on its way, this shouldn’t stop financial aid to help the bloc recover from the...
read more
by Christopher Nye | Nov 20, 2020
The pound weakened against the euro and the dollar yesterday as the markets awaited hints that a Brexit trade deal can be agreed before the end of the transition period. There was a brief resurgence this morning as UK retail sales came in ahead of expectations. Today...
read more
by Christopher Nye | Nov 20, 2020
The pound weakened yesterday ahead of expectations for more Brexit news today. Chief negotiator for the EU, Michel Barnier, is expected to brief all 27 member states on the progress of Brexit negotiations this morning. It is still uncertain whether a deal will be...
read more
by Christopher Nye | Nov 19, 2020
Positive vaccine news offset by rising coronavirus cases continue to impact the dollar, which has gained some ground. The US recorded 250,000 COVID-19 deaths, with additional states imposing restrictions. President Trump has requested a partial recount of the votes in...
read more
by Christopher Nye | Nov 19, 2020
The euro is stronger against the pound and weaker against the dollar this morning. The EU summit will start today over a virtual video call. Amongst other issues, such as Brexit, EU leaders will discuss the EU budget, after Hungary and Poland blocked its approval over...
read more
