by Christopher Nye | Nov 21, 2019
With data from the eurozone still pointing to slow growth, the ECB’s Philip Lane told La Repubblica yesterday that the bank still does not expect recession, and expected the Eurozone economy to recover within the next year or two. Record-low interest rates, a report...
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by Christopher Nye | Nov 21, 2019
Sterling drifted lower against the dollar yesterday afternoon as polls suggested a tie in the election debate between Boris Johnson and Jeremy Corbyn. Despite this slight fall, sterling remained near six-month highs and looks stronger again this morning. Given that...
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by Christopher Nye | Nov 21, 2019
Sterling saw a slight drift after a relatively uneventful election debate, with polls suggesting it was largely a tie between Johnson and Corbyn. Meanwhile, the Lib Dems launched their manifesto yesterday evening, claiming there would be a £50 billion windfall from...
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by Christopher Nye | Nov 20, 2019
The dollar was little changed yesterday, ahead of the release of FOMC meeting minutes later today. They are likely to reiterate comments that the US economy is steady, and that the current monetary policy stance is appropriate for now. Federal Reserve Chairman, Jerome...
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by Christopher Nye | Nov 20, 2019
Euro ended the day yesterday with only small gains against the pound, although the latter was still strengthened by election optimism. Eurozone construction figures came in much worse than expected, entering contraction territory, instead of a predicted rise to almost...
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