by Christopher Nye | Aug 15, 2019
The pound is up this morning after a relatively positive day yesterday for economic releases, with inflation coming in at 2.1%, just above the Bank of England’s target. It was also helped by downward pressure on the euro, after poor GDP and industrial production...
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by Christopher Nye | Aug 14, 2019
The dollar is looking weak this morning, as developments in the US-China trade war continue. In a surprising turn of events, President Trump has decided to delay tariffs on some Chinese imports due to ‘health, safety, national security and other factors.’ This comes...
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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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