by Christopher Nye | Apr 30, 2019
Euro showed a slight drop yesterday following lower-than-expected business confidence figures, seven points below expectations. Consumer confidence was down six points to -7.9 month-on-month, and economic sentiment also showed a drop. This morning, France’s GDP growth...
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by Christopher Nye | Apr 30, 2019
Sterling rose to a three day high against the dollar yesterday but was steady against other major currencies. Today, Labour’s governing body will meet to decide on whether to call for a second referendum in their European election manifesto. The party is also involved...
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by Christopher Nye | Apr 30, 2019
Sterling hit a three-day high against the dollar yesterday, benefitting from the USD’s general weakness. It also saw a strengthening against the euro, as largely disappointing economic releases kept the single currency low. US-China trade talks recommence today, with...
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by Christopher Nye | Apr 29, 2019
On Friday, US GDP figures were released. US real GDP grew by 3.2%, stronger than the predicted figure of 2.3%. Whilst Trump’s political allies and Trump himself are celebrating this, many economists are stating that the report isn’t as impressive when you focus on the...
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by Christopher Nye | Apr 29, 2019
The euro remained steady this morning, seemingly unchanged by the Spanish general election, in which the greatest share of votes went to the centre-left PSOE party, who will now need to form a coalition. Monetary data for the Eurozone as well as Business Confidence...
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