by Christopher Nye | Oct 15, 2020
The euro is slightly stronger against the pound and weaker against the dollar this morning. Industrial production data released for the Euro Area yesterday showed the recovery slowed sharply in August, in line with expectations. Governments are bringing in tighter...
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by Christopher Nye | Oct 15, 2020
The pound is volatile this morning as the EU summit gets underway today. EU leaders will address the progress of Brexit talks so far and are expected to say that negotiations need to continue for a deal to be achieved before the Brexit transition deadline. Originally...
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by Christopher Nye | Oct 15, 2020
The EU summit is due to begin today, where EU leaders will discuss the state of Brexit negotiations. Leaked reports suggest that they are expected to say that negotiations need to continue before a trade deal can be agreed upon. We expect to hear more news of how the...
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by Christopher Nye | Oct 14, 2020
The dollar is stronger this morning, benefitting from its status as a safe-haven currency. This comes as Eli Lilly put its coronavirus antibody test on hold due to safety concerns, after Johnson & Johnson paused its COVID-19 vaccine trial yesterday because of a...
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by Christopher Nye | Oct 14, 2020
Economic sentiment figures were released yesterday for both Germany and the Euro Area. Economic sentiment for Germany dropped by 21.3 points from the previous month to 56.1 in October, well below market expectations of 73. Investors voiced concerns about the recent...
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