by Christopher Nye | Aug 14, 2019
Yesterday was a choppy day for the euro after both German and Eurozone economic sentiment figures came in well below already-negative expectations. For Germany, figures fell to -44.1, almost 20 points below last month and hitting their lowest level since 2011. The...
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by Christopher Nye | Aug 14, 2019
Despite positive data releases yesterday, the pound is weak this morning. Britain’s labour market showed unexpected strength, with total earnings growth rising by 3.9% per year between April and June, the highest rate since 2008. This figure suggests that Brexit...
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by Christopher Nye | Aug 14, 2019
The pound is low this morning, despite better-than-expected employment and earnings figures. The Brexit back-and-forth between the government and parliament continues, as Speaker John Bercow says that it would be possible for MPs to stop a no-deal Brexit. This makes...
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by Christopher Nye | Aug 14, 2019
Following the drama of Boris Johnson taking over as Prime Minister and appointing the arch-Brexiteer Dominic Cummings to plan the UK’s exit, it’s all gone a bit quiet in the news. Most politicians are away, as are their EU counterparts, and what are left in the UK are...
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by Christopher Nye | Aug 13, 2019
The dollar is strong this morning, despite ongoing trade tensions between the US and China. The focus today, however, will be on US inflation data, which is due to be released this afternoon. It will be interesting to see if prices have risen due to tariff increases....
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