by Christopher Nye | Apr 26, 2019
It’s been a relatively quiet week for sterling, although there was positive news on Wednesday as the UK deficit hit a seventeen-year low. Yesterday, the government ruled out the possibility of a second Scottish independence referendum yesterday, helping to calm...
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by Christopher Nye | Apr 26, 2019
Today is relatively quiet in the UK and Eurozone, with most focus on the US’ economic releases. GDP growth is due at 1:30pm BST, and is expected to show an increase quarter on quarter – although still slightly below Donald Trump’s target of 3%. Otherwise, commentators...
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by Christopher Nye | Apr 25, 2019
The global economic slowdown doesn’t to be much affecting the US, as strong economic releases helped to strengthen the dollar against the pound. Tech earnings showed positive results yesterday, while there are rumours of the Federal Reserve changing its stance on rate...
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by Christopher Nye | Apr 25, 2019
Euro weakened yesterday evening as the Ifo business climate index for Germany fell 0.5 points, missing market expectations of 99.9. It looks like the upswing last month wasn’t necessarily the start of a positive trend. Spain’s deficit rose from €2.17 billion to €2.63...
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by Christopher Nye | Apr 25, 2019
Sterling saw a small upward tick yesterday evening against the euro, as German economic data failed to meet expectations. This came despite greater concern over the state of cross-party talks – and performance in the upcoming European elections. It remains to be seen...
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