by Christopher Nye | Oct 9, 2020
Minutes were released yesterday from the ECB’s latest meeting, showing that the Bank agreed not to be complacent in their approach to supporting the economy through the recession. Chief economist Philip Lane said inflation expectations were at “very depressed” levels...
read more
by Christopher Nye | Oct 9, 2020
The pound is stronger against the dollar and euro this morning on renewed optimism for a Brexit deal. Michael Gove said this week that his expectations of a deal are now around 66%, an improvement to the 33% held by the government in early September. There is also...
read more
by Christopher Nye | Oct 9, 2020
The pound is stronger against the euro and dollar this morning due to optimism that a Brexit deal will be reached. The markets are looking to October 15 as a potential key date, as the Prime Minister has said previously that he will walk away from negotiations if a...
read more
by Christopher Nye | Oct 8, 2020
The dollar is weaker this morning as President Trump retracted his statement about postponing US stimulus talks. He tweeted that he is ready to sign off on piecemeal measures. The first and only Vice-Presidential debate took in the early hours of this morning, between...
read more
by Christopher Nye | Oct 8, 2020
There will be several speeches from ECB officials today as well as minutes from the ECB’s monetary policy accounts meeting. The euro is weaker against the pound but stronger against the dollar, mainly driven by sterling and greenback movements. Jens Weidmann, ECB...
read more
