by Christopher Nye | Jul 4, 2019
Euro is choppy this morning as German construction figures showed the third drop in as many months, reaching the lowest level since last October. Nonetheless, future expectations remain positive, with interest rates expected to remain low and demand high. The...
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by Christopher Nye | Jul 4, 2019
The two Conservative leadership candidates have made further promises ahead of voting for the new Prime Minister. Boris Johnson has pledged to recruit 20,000 police officers over two years if he becomes Prime Minister, whilst Jeremy Hunt has promised a free vote to...
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by Christopher Nye | Jul 4, 2019
The pound is low this morning following some poor economic results, with composite PMI falling into contraction for the first time since 2016. Following on the back of a suggestion of a rate cut by Mark Carney yesterday, it’s not a positive start to the morning for...
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by Christopher Nye | Jul 3, 2019
The dollar has found some strength this morning against both the pound and the euro. It is benefitting from the pound’s weakness and has possibly also strengthened due to the IBD/TIPP Economic Optimism Index, which rose to 56.6 in July 2019 from 53.2 in June. This...
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by Christopher Nye | Jul 3, 2019
European leaders have nominated Christine Lagarde as the successor to Mario Draghi for the role of President of the European Central Bank. Stock dropped following the announcement, as, if confirmed again by leaders in a few weeks, her appointment would likely see a...
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