by Christopher Nye | Mar 13, 2019
Theresa May’s Brexit withdrawal agreement was rejected for a second time last night – and the pound strengthened as hopes of an extension to Brexit – or even a revocation – rose. First, there is a vote today on the House rejecting the possibility of leaving without a...
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by Christopher Nye | Mar 12, 2019
After a strong spell, the dollar dipped yesterday morning due to disappointing US retail sales. Despite beating forecast, they failed to make up for the -1.6% fall seen in December. The core retail sales also failed to recover from their shortfall in December,...
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by Christopher Nye | Mar 12, 2019
Euro weakened yesterday evening as hopes on Brexit rose, with EC President Jean-Claude Juncker and Theresa May agreeing to a further legal instrument around the Northern Irish backstop issue. However, we’re none the wiser whether it will be enough to pass through the...
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by Christopher Nye | Mar 12, 2019
Sterling has spiked against the euro, hitting a 22-month high as Prime Minister Theresa May secures legally binding changes to the backstop. The Prime Minister flew out to Strasbourg yesterday evening to meet European Commission President Jean-Claude Junker, which saw...
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by Christopher Nye | Mar 12, 2019
It’s crunch time for Theresa May’s withdrawal agreement. The Prime Minister announced new ‘legally binding’ changes to the backstop issue after a last-minute meeting with Jean-Claude Juncker – and the pound hit a 22-month high as hopes rose. But will it be enough to...
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