by Christopher Nye | Jan 22, 2020
The euro has started the day relatively stable against the pound, as the markets await tomorrow’s interest rate decision. Yesterday saw a significant decline in Spanish industrial orders, but little movement on the back of this, as there was also cause for optimism as...
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by Christopher Nye | Jan 22, 2020
Sterling strengthened yesterday after positive employment figures were released and is still strong against the euro this morning. The reading showed that the number of people in employment rose by 208,000 to 32.9million in the three months to November, beating...
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by Christopher Nye | Jan 22, 2020
Strong employment figures gave the pound a lift yesterday, as in-work figures rose by 208,000 in the three months to November. The eurozone also had some good data releases, and economic sentiment came in much better than expected. This was, however, countered by...
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by Christopher Nye | Jan 22, 2020
The pound rose yesterday on the news that wages are rising faster than inflation, and that unemployment has fallen. The more important data, however, will be the PMI releases on Friday. PMI, the purchasing managers’ index, is widely seen as a good indication of...
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by Christopher Nye | Jan 21, 2020
The dollar remained mostly flat after a relatively quiet day yesterday, showing strength against both the pound and the euro. Donald Trump’s legal team has now issued its first formal response to the impeachment charges. The document issued said that the impeachment...
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