by Christopher Nye | Aug 16, 2019
Sterling is near one-week highs this morning, as rhetoric around blocking a no-deal Brexit ramp up. Despite this, Labour’s plan to install Jeremy Corbyn as caretaker Prime Minister has been met with opposition from key potential allies, such as the Liberal Democrats....
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by Christopher Nye | Aug 16, 2019
The pound has reached near one-week highs today, as hopes have been raised that no-deal could be avoided – although this lift could be short-lived, as there will be plenty of political back-and-forth before any concrete happens. Sterling is also benefitting from a...
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by Christopher Nye | Aug 15, 2019
The dollar is weak this morning against both the euro and the pound, possibly due to recession fears and trade war uncertainty. There are increasing concerns that a recession could hit the US economy, due to a yield curve which inverted yesterday for the first time...
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by Christopher Nye | Aug 15, 2019
Euro is choppy this morning, after a downturn yesterday following poor economic releases. While largely expected by the markets, the drop in GDP growth is not a good sign – and year-on-year industrial production figures came in lower than forecast, at -2.6% over...
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by Christopher Nye | Aug 15, 2019
Sterling is stronger against both the pound and the dollar this morning. This comes after news that Labour will try to defeat a no-deal Brexit. Jeremy Corbyn has urged leaders of the other opposition parties and Tory rebels to back a vote of no confidence in the Prime...
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