by Christopher Nye | Jul 18, 2019
Sterling has a choppy start to the day, as the markets look forward to UK retail figures today. Brexit continues to keep the pound low, as Jeremy Hunt admitted yesterday that there would be at least a ‘short-term’ economic shock from leaving without a deal. Likewise,...
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by Christopher Nye | Jul 17, 2019
The dollar has risen against the pound on the back of positive retail sales data, which came in stronger than expected. Sales rose by 0.4% in June, ahead of expectations for 0.1%. In trade war news, President Trump has said that the US and China still have a long way...
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by Christopher Nye | Jul 17, 2019
Ursula van der Leyen has been narrowly elected as the next President of the European Commission, to replace Jean-Claude Juncker on 1 November. Her nomination was ratified by 383 votes to 327, just nine over the minimum, with concerns over budget scandals during her...
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by Christopher Nye | Jul 17, 2019
The pound reached fresh two-year lows against the dollar this morning due to another spell of Brexit fears. It has weakened against both the euro and the greenback after both Boris Johnson and Jeremy Hunt vowed to ditch the Irish backstop, making no-deal more of a...
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by Christopher Nye | Jul 17, 2019
Yesterday, the pound had the dubious honour of being declared the world’s worst performing currency in the previous day, month, three months and past year. Today, the markets are looking forward to inflation figures, as well as the retail price index, which is...
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