by Christopher Nye | Jul 17, 2019
Ursula van der Leyen has been narrowly elected as the next President of the European Commission, to replace Jean-Claude Juncker on 1 November. Her nomination was ratified by 383 votes to 327, just nine over the minimum, with concerns over budget scandals during her...
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by Christopher Nye | Jul 17, 2019
The pound reached fresh two-year lows against the dollar this morning due to another spell of Brexit fears. It has weakened against both the euro and the greenback after both Boris Johnson and Jeremy Hunt vowed to ditch the Irish backstop, making no-deal more of a...
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by Christopher Nye | Jul 17, 2019
Yesterday, the pound had the dubious honour of being declared the world’s worst performing currency in the previous day, month, three months and past year. Today, the markets are looking forward to inflation figures, as well as the retail price index, which is...
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by Christopher Nye | Jul 17, 2019
Fifty years on from the moon landings it’s even harder to comprehend how they could have done it. They were as close in time to the First World War as we are to Apollo missions, so the technological achievement is almost unimaginable. The bravery too,...
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by Christopher Nye | Jul 16, 2019
The dollar has found some strength this morning due to rising expectations of a 25 basis point cut, rather than a 50 basis point cut. Federal Reserve Chairman Jerome Powell speaks today, which will possibly have further impact on the greenback. US retail sales data...
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