by Christopher Nye | May 26, 2020
The European Central Bank’s Villeroy, speaking yesterday, hinted that the Bank may yet inject more stimulus measures into the Eurozone economy, saying that low inflation gives them the opportunity to act ‘rapidly and powerfully’ and ‘go even further’. With the ECB’s...
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by Christopher Nye | May 26, 2020
The pound is up against the euro this morning, with optimism for businesses rising after Boris Johnson announced that non-essential retailers will reopen from mid-June. This comes after data on Friday showed retail sales to have dropped a further 16%, or 18% excluding...
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by Christopher Nye | May 26, 2020
The pound is up against the euro and dollar this morning on optimism from small businesses, following an announcement by Boris Johnson that non-essential retailers will be able to open from the 15th June. Expectations of further stimulus in the Eurozone at the ECB’s...
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by Christopher Nye | May 22, 2020
Tensions with China continue to put pressure on the dollar, with Congress examining a bill passed by the Senate that requires companies to certify they are not owned by a foreign government if its audits cannot be inspected in America. While ostensibly aimed globally,...
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by Christopher Nye | May 22, 2020
It was a relatively positive day for the eurozone yesterday, as data releases showed the economy is perhaps taking small steps towards recovery. Composite PMI exceeded expectations, reaching 30 and reversing the losses of April compared to March. Although a very low...
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