by Christopher Nye | May 13, 2020
UK GDP shrank by 2% compared to the previous quarter, figures released this morning show. Representing a yearly fall of 1.6%, it is not good news for the economy, but, in a small glimmer of positivity, is not as much of a drop as expected. Nonetheless, the pound has...
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by Christopher Nye | May 13, 2020
The pound is down this morning after figures showed the UK’s GDP to be in contraction – albeit at a slightly slower rate than forecast. The prospect of negative interest rates is raising uneasiness on both sides of the Atlantic, after some claimed that the Bank of...
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by Christopher Nye | May 13, 2020
The good news this morning is that – in England anyway – all sorts of new freedoms are available to us. That includes being able to buy and sell property. Those of us traveling to France won’t need to go into quarantine when the borders are open. As yet the...
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by Christopher Nye | May 12, 2020
The dollar is up against the pound, benefitting again from its status as a safe-haven currency. Trade tensions with China appear to be easing again, and there is some positivity around the economic impact of loosening lockdown. Today, we will see inflation figures,...
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by Christopher Nye | May 12, 2020
Euro is down against the pound this morning, after a day of being largely influenced by happenings in the UK. Also putting pressure on it is the continued dispute over the EU’s quantitative easing programme, with officials saying the EU could sue Germany if it stops...
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