by Christopher Nye | May 13, 2019
Cross-party talks between the government and the Labour party continue today. It remains unclear as to whether any real progress has been made, and the pound is mostly unchanged as a result. Cabinet Ministers are calling for more indicative votes, whilst the Shadow...
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by Christopher Nye | May 13, 2019
For the past three months the pound has been trading in a relatively narrow band against both the euro and US dollar. The reason is simply that the currency markets don’t know which way to move and are not willing to take a risk. The problem, of course, is Brexit. The...
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by Christopher Nye | May 10, 2019
The dollar has weakened slightly this morning as tariffs on $200 billion worth of Chinese imports into the U.S. will be raised to 25% from 10%. The Federal Reserve has warned this morning that US consumers may feel the impact of these tariff hikes, as businesses could...
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by Christopher Nye | May 10, 2019
German trade surplus figures, released early this morning, showed that the surplus rose on a seasonally adjusted basis by €2 billion month-on-month, beating the forecast by €0.5 billion. Exports were also positive, surprising observers by not declining but actually...
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by Christopher Nye | May 10, 2019
Sterling dropped to a one-month low yesterday and continues on a weaker footing today, due to doubts that Brexit talks are making any progress. Mounting pressure on the Prime Minister to set a date for her resignation is also weighing on the pound. Theresa May has...
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