by Christopher Nye | Feb 7, 2019
On a day when the European Council President saw fit to criticise Brexiters who could still see the UK crash out of the EU without a deal, the ratings agency S&P warned that the UK’s credit rating will come under pressure in the event of a no-deal Brexit. While...
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by Christopher Nye | Feb 7, 2019
To say the start of 2019 has not been great for the eurozone would be a bit of an understatement. Italy, France and Germany are all struggling, with a raft of purchasing managers’ indices dropping an alarming amount. It wasn’t all that long ago that PMI figures were...
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by Christopher Nye | Feb 6, 2019
After delaying his State of the Union address because of the longest government shutdown in history, yesterday Trump finally delivered it. In an 80-minute speech he confirmed he will meet with Kim Jong-un in Vietnam within weeks, decried ‘ridiculous partisan...
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by Christopher Nye | Feb 6, 2019
Heightened political uncertainty and continuing Brexit-related concerns have created an economic slump in Britain. Figures released yesterday showed that the UK’s dominant services sector has fallen to the brink of stagnation. In January, the Markit services PMI...
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by Christopher Nye | Feb 6, 2019
After Monday’s disappointing construction data, attention turned to the services PMI reading for January. The latest figures showed a slump in the performance to 50.1 from 51.2 the previous month. It is the lowest reading for more than two years and serves as further...
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