Can sterling continue its recovery?

Sterling had a relatively positive week last week, partly due to a more up-beat economic outlook. But will it maintain this recovery? Following the announcements last week, beauticians, tattooists, spas, tanning salons and other close-contact services can reopen from...


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Daily cases hit new record

New daily Covid cases are setting new records, with 64,000 nationally, while Florida has taken over as the worst pandemic-affected US state now, just in time to wreck the vacation season. There were over 15,000 new cases there on one day over the weekend. Even...


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European unity under spotlight

The single currency starts the week marginally higher than last Monday against USD, though it was a choppy sort of week. Successful Brexit talks later this week should benefit the EUR globally, if not against GBP, but there are two tests of EU unity this week and it...


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Is the economy set for lift off?

Sterling starts the week 1% above last Monday against the euro and a little more than that against the US dollar. Economic data and Brexit trade talks will determine whether that continues through the week, although the evidence is hopeful. Some signs of recovery were...


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Economic data to the fore, and to the rescue?

The focus this week will continue to be on whether the economic recovery from the global lockdown will be sharp or slow. Despite evidence from the World Health Organization that cases are rising faster than before, with nearly a quarter of a million in the past 24...


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