by Christopher Nye | Feb 15, 2019
There were no major economic data releases from the UK yesterday, but sterling slid once more against the dollar, following reports that the government could lose the latest Brexit vote. The pound fell below the $1.28 mark to hit a one-month low against the greenback....
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by Christopher Nye | Feb 15, 2019
The day began with reports that Theresa May could lose the latest Brexit vote which caused the pound to weaken against the dollar to fall below the $1.28 mark – its lowest mark for one month. And so it proved, as the Prime Minister – who was not present in the...
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by Christopher Nye | Feb 14, 2019
Like the UK, inflation in the US fell in January to record a fresh low for some time. Last month, inflation dropped to 1.6% from 1.9% the previous month and, although it was higher than the 1.5% the markets had been expecting, it is still the lowest reading since June...
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by Christopher Nye | Feb 14, 2019
The only release of note from the eurozone yesterday was the industrial production figures for December 2018. In the previous period, there was a downwardly revised 3% contraction and this time around a drop of 3.2% was expected by the markets. However, it came in...
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by Christopher Nye | Feb 14, 2019
The biggest monthly drop in the price of gas since the 1980s helped drag inflation down to 1.8% in January – the lowest level in two years. That the cost of things has fallen will be welcome news for British households who have felt the effects of austerity, but...
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