by Christopher Nye | Sep 25, 2019
Euro weakened against the pound yesterday, as the latter was boosted by the Supreme Court’s decision. German business climate figures came in better than expected, showing a slight reverse of the previous six months’ decline. Today, the euro is looking stronger...
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by Christopher Nye | Sep 25, 2019
The pound strengthened yesterday as the Supreme Court announced their verdict on prorogation, deeming it unlawful. However, sterling has lost those gains this morning as uncertainty weighs. The decision was unanimous with all 11 judges, who concluded that the...
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by Christopher Nye | Sep 25, 2019
Parliament is set to return this morning, after 11 judges of the Supreme Court unanimously concluded that the suspension of Parliament was unlawful. The prospect of a General Election is again rearing its head, although Jeremy Corbyn has said he will not support one...
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by Christopher Nye | Sep 24, 2019
The dollar was strong against both the dollar and the euro yesterday, benefitting from the weaker currencies. Markit flash manufacturing PMI was released for the US yesterday, which rose to 51 in September from a decade low of 50.3 in the previous month. Flash...
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by Christopher Nye | Sep 24, 2019
The Bundesbank released its latest report yesterday, in which it warned of the possibility of a further contraction in the German economy. Earlier in the morning, Eurozone and German PMI figures came in below expectations, putting further pressure on the euro....
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