by Christopher Nye | Sep 10, 2019
The pound was given a boost yesterday, and is still strong today on news that the UK economy grew by 0.3% in July. Sterling reached near to its highest levels since July due to reduced expectations that the UK economy will fall into a recession. Data showed that all...
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by Christopher Nye | Sep 10, 2019
After a long session on Monday, Parliament has now been prorogued until 14th October, meaning that an election is now highly unlikely until late November – although EU officials have been warning that no further Brexit extension will be given without an election,...
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by Christopher Nye | Sep 9, 2019
The dollar is looking mixed this morning after a disappointing Non-Farm Payroll release on Friday has increased speculation of an interest rate cut from the Federal Reserve. Non-Farm Payrolls increased by 130,000 last month, falling short of expectations, and created...
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by Christopher Nye | Sep 9, 2019
Euro is down against the pound after an uptick this morning, as the markets eye a busy week of Brexit developments and economic releases. The ECB’s meeting on Thursday – Mario Draghi’s last – will be closely watched, with policymakers widely expected to announce an...
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by Christopher Nye | Sep 9, 2019
Sterling is weak against the dollar and the euro this morning as Brexit developments continue to unfold. The government will table a second vote for an early general election today, but it is expected that they will not receive the backing needed to go ahead with...
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