by Christopher Nye | Sep 18, 2019
The pound edged slightly higher yesterday as the Supreme Court considered the lawfulness of the prorogation of Parliament. Lawyers challenging the suspension told the court that Boris Johnson saw MPs as an “obstacle” and wanted to “silence” them. The President of the...
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by Christopher Nye | Sep 18, 2019
The Supreme Court has begun its hearing of the lawfulness of Parliament’s prorogation, and the markets will be closely watching for any hint of Parliament possibly resuming earlier than expected. Meanwhile, Christine Lagarde has been officially confirmed as the next...
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by Christopher Nye | Sep 18, 2019
Christine Lagarde was confirmed yesterday as the next President of the ECB, in a secret ballot in the European Parliament. She received 394 votes for, against 206 votes against and 49 abstentions. Mario Draghi will convene his last meeting with the Central Bank in...
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by Christopher Nye | Sep 18, 2019
The pound hit its highest rate since late May against the euro, and since late July against the US dollar yesterday. I follow and write about currencies all the time, but it’s still a thrill when the pound goes up in value. Even if you’re not buying anything, seeing...
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by Christopher Nye | Sep 17, 2019
Boris Johnson and Jean-Claude Juncker’s meeting in Luxembourg saw little progress made, with the European Commission saying the UK had no new concrete plans to actually put forward. Both sides have, however, agreed to step up talks, with Johnson insisting the UK will...
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