by Christopher Nye | May 27, 2020
The ECB has warned of further uncertainty ahead in its latest financial stability review, saying that medium-term risks have increased ‘markedly’ due to the pandemic and existing vulnerabilities. However, it says, wide-ranging policy intervention have...
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by Christopher Nye | May 27, 2020
The pound was given a boost yesterday against the euro by rumours of a breakthrough on fisheries in the Brexit talks, after the was EU was said to be willing to make concessions if the UK does too. Meanwhile, in a reminder of the uncertainty lying ahead, the ECB is...
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by Christopher Nye | May 27, 2020
A report from Reuters that EU diplomats have said they are willing to compromise on fisheries – up to now a key sticking point in the Brexit trade negotiations – helped give the pound a boost against the euro yesterday, coming on the back of optimism over the...
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by Christopher Nye | May 27, 2020
The pound had a good day yesterday, rising almost 1 or 2% against EUR and USD respectively. You might have missed it amidst the ongoing Cummings political row, but there’s been some good news lately, including more shops opening in the UK from Monday. There has...
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by Christopher Nye | May 26, 2020
The US dollar is down against the pound this morning, as both markets open for trading after public holidays. Tensions with China continue to rise, with the latter’s Foreign Minister Wang Yi saying that ‘decades of America-China cooperation’ will be ‘undone’ as the...
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