by Christopher Nye | Nov 19, 2019
On a quiet day for economic data, the focus in the Eurozone has been on a series of speeches, with the ECB’s Philip Lane telling a conference yesterday that the ECB is ‘not at a limit as of yet’ in regards to monetary policy. He seemed to call for further policy...
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by Christopher Nye | Nov 19, 2019
Continued optimism around the upcoming election helped to push sterling to a six-month high yesterday, as opinion polls show the government is set to return with a majority. The week has started with few economic releases, and much attention from within the eurozone...
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by Christopher Nye | Nov 18, 2019
The dollar was weak against the pound and the euro at the end of last week. Despite this, retail sales rose 0.3% from a month earlier in October 2019, reversing a 0.3% drop in September and beating market expectations of 0.2%. This was driven by motor vehicle sales...
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by Christopher Nye | Nov 18, 2019
Election optimism in the UK is continuing to put pressure on the euro, which remains down against the pound. Inflation in the eurozone continued to shrink for the fifth month running, according to figures released this morning. Meanwhile, the Eurozone’s trade surplus...
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by Christopher Nye | Nov 18, 2019
Sterling strengthened against the dollar at the end of last week on news that Brexit Party candidates stood down from over 40 seats held by the Conservative Party. This has been seen as a move to increase the chance of a Conservative majority in the upcoming election,...
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