by Christopher Nye | Apr 4, 2019
New orders to German manufacturers fell by 4.2% in February, the biggest monthly drop in two years, with the steepest drop coming from foreign markets outside the euro zone. Orders were also down 8.4% on the year. This has caused the euro to remain stable at a one...
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by Christopher Nye | Apr 4, 2019
Prime Minister Theresa May met with opposition leader Jeremy Corbyn yesterday, in an attempt to break the Brexit deadlock. The talks were described as ‘constructive’, but were criticised by MPs in both parties. The pound strengthened due to expectations of a softer...
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by Christopher Nye | Apr 4, 2019
Yesterday evening, MPs voted on a bill which will force the Prime Minister to ask the EU for an extension to Brexit, and allow Parliament to decide how long this extension will be. The legislation was pushed through by a meagre one vote and will be put to the House of...
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by Christopher Nye | Apr 3, 2019
The dollar weakened this morning as the pound made gains due to new Brexit developments. As well as this, poor economic data releases again signal worry for the US economy. Durable goods orders fell for the first time for three months in February. US-China trade talks...
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by Christopher Nye | Apr 3, 2019
The euro stayed stable last night, with just a slightly weakening against the pound as news emerged that Theresa May would seek another short extension to Brexit. It was quiet day otherwise for the Eurozone. The single currency did gain against the dollar, but still...
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