by Christopher Nye | Aug 12, 2020
The ZEW Indicator of Economic Sentiment for Germany jumped by another 12.2 points from the previous month to 71.5 in August, the highest since January 2004 and well above market expectations of 58. For the Euro Area, economic sentiment increased by 4.4 points from the...
read more
by Christopher Nye | Aug 12, 2020
There has been a series of data releases for the UK this morning, including UK GDP data. The data showed that the economy shrank by 20.4% in the second quarter of this year and 21.7% year-on-year, which was slightly less than the 22.4% predicted. The economy has,...
read more
by Christopher Nye | Aug 12, 2020
The pound is still strong against the euro and the dollar this morning after GDP data was released. The data came in roughly as expected, showing that the economy has fallen into recession for the first time in 11 years. It did, however, also show that the economy...
read more
by Christopher Nye | Aug 11, 2020
The dollar remained weaker against the pound but rose to a one-week high against the euro yesterday, due to an escalation of tensions between the US and China. Senior US and Chinese officials will meet via teleconference on Saturday to review the implementation of...
read more
by Christopher Nye | Aug 11, 2020
The Economic Senitment Index for the Eurozone and Germany will be released today. It measures the level of optimism that analysts have about the expected economic developments over the next 6 months. The German figure is expected to show a slight fall from July’s...
read more
