by Christopher Nye | Jan 21, 2019
On Friday, we learned that UK retail sales in December were even worse than expected, particularly if you take fuel out of the equation. Last month, they dropped to -0.9% against an expectation of -0.8%, but excluding fuel, the figure was much worse at -1.3% when the...
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by Christopher Nye | Jan 21, 2019
There was some exciting news from the US on Friday morning, as Treasury Secretary, Steven Mnuchin, is reported to be considering lifting some of the trade tariffs imposed on China. His thinking is that by offering Beijing something, they might be more open to a...
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by Christopher Nye | Jan 21, 2019
Trump is never far from controversy and Friday was yet another example. However, the latest report from BuzzFeed is particularly explosive, as it claims Robert Mueller’s investigators have learned Trump told his former fixed, Michael Cohen, to lie to Congress about...
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by Christopher Nye | Jan 21, 2019
Following reports that the US was considering throwing China a bone in the form of a lift of some trade tariffs, European stock markets rallied. Investors are looking for any cause for optimism at present and the possibility of a trade war breakthrough is clearly...
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by Christopher Nye | Jan 18, 2019
Initial jobless claims decreased by 3,000 to 213,000 in the week ending 12 January from the previous week’s unrevised level of 216,000. It is the second consecutive week of declines and brought the number of Americans claiming unemployment benefits to the lowest level...
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