by Christopher Nye | Jan 21, 2020
It’s been a choppy start to the week for the pound and euro, after Sajid Javid said that there would be no alignment with European regulations after Brexit. Businesses warned that this could lead to more difficulty in doing trade. The dollar had a relatively...
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by Christopher Nye | Jan 20, 2020
As we enter the last full week of the UK’s membership of the European Union, the Chancellor’s speech to the Financial Times at the weekend has made it clear that we are no longer being run by a broadly pro-Remain cabinet any more. Sajid Javid said the UK...
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by Christopher Nye | Jan 20, 2020
The dollar strengthened on Friday afternoon after the release of University of Michigan Consumer Sentiment figures. The report showed little change in the headline figure from December, dropping marginally to 99.1 from the previous month reading of 99.3. This strength...
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by Christopher Nye | Jan 20, 2020
It was a mixed end to the week on Friday, with construction figures better than last year, but not as improved as expected, and inflation largely holding steady. The main story was the ECB’s meeting mid-week, where the Governing Council warned that risks and...
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by Christopher Nye | Jan 20, 2020
Sterling weakened on Friday afternoon after poor retail sales data added to expectations of a rate cut this month. Retail sales fell 0.6% month-on-month and increased 0.9% year-on-year, missing market expectations of 2.6%. Sterling also came under increasing pressure...
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