by Christopher Nye | Sep 13, 2019
The dollar was in a weaker position yesterday and is still low this morning, as a report surfaced suggesting that the US is preparing to make a limited, or ‘interim’, trade agreement with China. The agreement would involve delaying and removing some China tariffs....
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by Christopher Nye | Sep 13, 2019
The ECB announced a 10-basis-point rate cut at its meeting yesterday, as well as a return to quantitative easing from 1st of November. Further cuts in the future haven’t been ruled out, with the Governing Council saying rates would be stable or lower until inflation...
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by Christopher Nye | Sep 12, 2019
The Court of Sessions in Edinburgh ruled yesterday that Boris Johnson’s advice to the Queen to suspend Parliament was illegal, stating that the prorogation was ‘unlawful and is thus null and of no effect.’ Thus far, No 10 has said that Parliament will not return until...
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by Christopher Nye | Sep 12, 2019
The dollar edged higher yesterday but is looking weaker this morning. President Trump tweeted that at the request of the Vice Premier of China and due to the 70th anniversary of the People’s Republic of China, the US will be moving their tariff increases from...
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by Christopher Nye | Sep 12, 2019
Euro’s had a choppy start to the day as the markets await the ECB’s monthly meeting – also the last to be chaired by Mario Draghi. A rate cut is widely expected, as is a stimulus package, although the extent of that package is expected to be relatively small. Amid...
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