GBP: Pound stronger ahead of Brexit negotiations

The pound is stronger against the euro and the dollar this morning due to positivity surrounding Brexit negotiations. Ahead of the ninth round of negotiations, which begins next week, there have been reports that the EU is open to a “thin” Brexit deal and are...


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Pound stronger due to Brexit optimism

The pound is stronger against the euro and dollar this morning after reports that the UK and EU are cautiously optimistic that a Brexit deal can be reached. Comments from the EU’s Chief Negotiator, Michel Barnier have shed a more positive light over the state of...


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EUR: ECB economic bulletin released this morning

It was a mixed bag for PMI data for the Euro Area yesterday. The figure for manufacturing beat expectations, showing that the output growth in September accelerated to the fastest since February 2018. Employment also fell at a softer pace. For the services sector,...


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GBP: Sunak and Bailey to speak today

After a weak start to the day, sterling strengthened against the euro and the dollar yesterday due to some cautious optimism surrounding Brexit negotiations. This morning, the pound is steady against the euro but weaker against the dollar. Michel Barnier travelled to...


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