by Christopher Nye | Aug 22, 2019
The dollar rallied yesterday, however it has dropped against the euro and dollar this morning. Its previous strength was due to the release of the FOMC July meeting minutes last night, which were ‘less dovish’ than expected. They revealed that Fed officials view the...
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by Christopher Nye | Aug 22, 2019
Italy is gearing up for a potential snap election after Prime Minister Giuseppe Conte tendered his resignation on Tuesday. Matteo Salvini is seeking support within the Senate to form a government, but is generally acknowledged to be hoping instead for an election, if...
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by Christopher Nye | Aug 22, 2019
The pound is choppy against the euro and stronger against the dollar ahead of Boris Johnson’s meeting with President Macron. The Prime Minister got a fairly warm reception in Berlin yesterday, however, the same is not expected for his meeting in Paris, which could...
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by Christopher Nye | Aug 22, 2019
The Prime Minister is due to meet with President Macron in Paris today. Johnson’s talks with Chancellor Angela Merkel in Berlin yesterday seemed to provide some hope of finding a solution to the controversial backstop. However, Macron has already made it clear that...
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by Christopher Nye | Aug 21, 2019
Yesterday we found out that British families are putting off large purchases, favouring caution in these times of economic and political uncertainty. The IHS Markit Household Index shows confidence at a three-month low. That said, wage growth is overtaking inflation...
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