Once the dust had settled, the general consensus was that the EU had received a pretty flimsy deal from its trade negotiations with the United States. Due to the high barriers to trade and lack of substantive concessions…
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Sterling could not build much momentum to start the week and Keir Starmer headed to Scotland in an attempt to secure a boost. With the economy seemingly moving in the wrong direction, it may take a breakthrough on…
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The enthusiasm and relief that greeted Sunday’s last minute trade deal between the European Union and the United States proved fleeting on Monday. Yesterday, European exporters led a chorus of disapproval from the continent that led to a…
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Sterling begins the week at its lowest level against the euro since November 2023, following some rather significant news from Donald Trump’s Scottish golf resort. On Sunday, European negotiators were able to strike an eleventh-hour trade deal with…
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Donald Trump again undermined the Federal Reserve last week. On this occasion, Trump probed the cost of the Fed’s office renovations in Washington during an awkward press conference with Jerome Powell. This showmanship has a cost. As PIMCO…
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Some unexpectedly hawkish comments from Christine Lagarde fuelled a second half push for the euro. With an emphasis on the medium term outlook, Lagarde did not rule out the next movement being a rate hike. That paints a…
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June’s glorious weather boosted retail sales by 0.9%, but that came in below the majority of forecasts from economic experts. Combined with falling consumer confidence, a less economically productive spell of good weather consigned the pound to another…
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European negotiators struck an eleventh-hour trade deal with the United States this weekend that will reduce the charges levied on a wide range of goods to 15%. The deal is similar in structure to the recent agreement with…
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