by Christopher Nye | Feb 20, 2019
With no major economic data releases on yesterday’s schedule, the stock markets understandably dominated headlines from across the pond. The S&P 500 lost 7.5 points at the opening bell, while the Dow Jones Industrial Average dipped by 44 points. The tech-heavy...
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by Christopher Nye | Feb 20, 2019
Germany has been struggling so much of late that the eurozone’s largest economy must be thankful for small mercies. So it will be faintly pleasing that the latest Germany ZEW economic sentiment index reading beat expectations. In February, the figure rose by 1.6...
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by Christopher Nye | Feb 20, 2019
Yet another carmaker announced British job cuts yesterday, with Honda set to close its Swindon plant in 2021. There is some disagreement on whether Brexit is to blame but, if it isn’t, long is the list of companies withdrawing investment from the UK in the past couple...
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by Christopher Nye | Feb 20, 2019
Figures released yesterday showed that British wages grew by 3.4% in December. This is slightly below the 3.5% growth the markets had been expecting, but is still above the rate of inflation. Including bonuses, the increase in earnings remains the fastest since the...
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by Christopher Nye | Feb 19, 2019
Stock markets around the world climbed to their highest mark in 2019 yesterday, as optimism that a breakthrough in trade talks is forthcoming. Talks between the US and China appear to be going well, as Trump tweeted that big progress had been made on ‘soooo many...
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