by Christopher Nye | Nov 11, 2019
After a relatively strong week for the pound last week, the markets are awaiting this morning’s GDP data releases, expected to show a return to positive figures quarter-on-quarter. Poor economic performance in the eurozone helped to keep the pound up, with a dip on...
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by Christopher Nye | Nov 11, 2019
It’s been a dismal week for weather in the UK, and one in which the so-called “dismal science”, economics, has been very much to the fore too. Future economists will have fun analysing the results of a decade of austerity and then, judging by the election promises so...
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by Christopher Nye | Nov 8, 2019
The European Commission cut its growth forecasts yesterday morning, highlighting a range of external economic pressures, uncertainty around a ‘disorderly Brexit’ and a slowdown in manufacturing. Meanwhile, the pound saw a small dip after the Bank of England announced...
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by Christopher Nye | Nov 8, 2019
The dollar was strong yesterday on the back of continued trade deal optimism. A Chinese commerce ministry official suggested that the world’s two largest economies are close to achieving a deal and said that both sides have agreed to scrap tariffs in phases. He said...
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by Christopher Nye | Nov 8, 2019
The euro saw a slight weakening yesterday as the European Commission downgrades its forecasts, cutting growth expectations to 1.1%. However, the Commission did emphasise that this is still the seventh year of consecutive growth, and pointed to poor manufacturing...
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