by Christopher Nye | Sep 30, 2020
Sentiment figures for the Euro Area were released yesterday, showing that economic sentiment picked up last month, with confidence improving across all sectors of the economy, especially in services. This comes despite rising infection rates and re-imposed...
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by Christopher Nye | Sep 30, 2020
After a strong start to the day, the pound weakened slightly yesterday as Brexit talks resumed in Brussels. Positive rhetoric from last week was given a reality check as Michael Roth, Germany’s Europe Minister, said it was not helpful to “play games” during the...
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by Christopher Nye | Sep 30, 2020
Sterling hits Wednesday nearly 2% above this time last week against EUR but still down on yesterday. The cause of yesterday’s slide was the Bank of England governor suggesting he was leaving the door open on negative interest rates. The final round of Brexit...
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by Christopher Nye | Sep 29, 2020
The dollar is steady against the euro and the pound this morning ahead of the first Presidential debate, which will take place tomorrow. The Presidential race is looking uncertain and is thought to be a very close contest, so the first debate may provide a clearer...
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by Christopher Nye | Sep 29, 2020
In a speech yesterday President of the ECB, Christine Lagarde, said that it’s clear that the external value of the euro has an impact on inflation. She said that the ECB will monitor the situation but added that exchange rate is not a policy target for the ECB. Later...
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