by Christopher Nye | Apr 22, 2020
Some wag in a Zoom meeting yesterday made a joke about catching a criminal syphoning petrol into his car. The drop in the price of American oil to a point whereby producers are having to pay for someone to take it – and similarly deep drops in oil prices elsewhere –...
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by Christopher Nye | Apr 22, 2020
The euro is up against the dollar and pound this morning, after being given a boost yesterday unexpectedly positive economic sentiment data. Expected to be firmly in the negative, the ZEW economic sentiment index instead made its biggest jump on record, as optimism...
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by Christopher Nye | Apr 22, 2020
After a choppy start to the week, the dollar is up against the pound, boosted by oil prices yesterday. These gains lasted through the afternoon, despite home sales continuing to drop and the Redbook Index showed sales growth to continue to drop further into the...
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by Christopher Nye | Apr 22, 2020
The euro was given an unexpected boost yesterday against the pound and dollar, as Eurozone and German economic sentiment figures unexpected re-entered positive numbers. German figures made their biggest ever upward swing since records began, suggesting that investors...
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by Christopher Nye | Apr 22, 2020
Tuesday was a relatively positive day for the UK, with unemployment growth staying relatively steady and unemployment claimants below expectations. However, unpredicted optimism in the eurozone meant the pound did still lose ground against the single currency. This...
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