by Christopher Nye | Sep 25, 2020
IFO Business Climate figures for Germany were released yesterday. The Business Climate indicator for Germany rose by 0.9 points from the previous month to 93.4 in September 2020, the highest level since February but below market expectations of 93.8. However,...
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by Christopher Nye | Sep 25, 2020
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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by Christopher Nye | Sep 25, 2020
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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by Christopher Nye | Sep 24, 2020
The dollar is still strong against the euro and the pound this morning, as it continues to benefit from its safe-haven status. This has come about due to rising coronavirus infection rates and calls from the Federal Reserve for further government aid to boost the US...
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by Christopher Nye | Sep 24, 2020
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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