by Christopher Nye | Jun 19, 2020
President Macron came to London yesterday, to meet Prime Minister Johnson, mark 80 years since General de Gaulle’s call to arms and thank London for its friendship over the decades. Both leaders are being heavily criticised at home for their failure to match the...
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by Christopher Nye | Jun 18, 2020
The Bank of England Monetary Policy Committee pronounces on interest rates and quantitative easing (QE) today, and while no shocks are expected on rates, there could be movement if the QE is greater or less than the expected £100bn. President Macron of France is...
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by Christopher Nye | Jun 18, 2020
The US dollar had a choppy day against GBP, and after a positive start weakened gradually during the day against the euro. News of a spike in coronavirus cases in the US and a potential second wave in China, as well as geopolitical tensions between India and China,...
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by Christopher Nye | Jun 18, 2020
The euro lost half a cent against the USD during the day, while ending the day where it started against sterling. Car sales collapsed by 50% in May compared to last year, but the fact that over 580,000 Europeans escaped lockdown to buy new cars was seen as encouraging...
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by Christopher Nye | Jun 18, 2020
It’s always a big day when the Bank of England’s Monetary Policy Committee reports, especially when a central bank is staring down the barrel of a deep recession. Interest rates are expected to stay on 0.10% but an extra £100bn could go onto quantitative easing. That...
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