by Christopher Nye | Mar 5, 2019
Brexit Secretary Stephen Barclay and Attorney General Geoffrey Cox are heading to Brussels today for talks with Michel Barnier and, although a press conference now seems unlikely, the markets will be watching carefully for any signs of developments. Meanwhile, the UK...
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by Christopher Nye | Mar 4, 2019
Along with the UK and the Eurozone, the US factory sector has also slowed, as seen in two rival surveys. Manufacturing growth has reached the lowest level in two years and is much worse than what was expected by economists. President Trump said on Saturday that the US...
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by Christopher Nye | Mar 4, 2019
Despite some indicators coming in better than expected over the last week, the Eurozone economy is still not looking good. GDP and CPI are both underachieving compared to the ECB’s December Staff Projections – and we will likely see growth and inflation forecasts...
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by Christopher Nye | Mar 4, 2019
The pound continues to benefit from last week’s upswing, albeit slightly reduced from the highs of Wednesday. However, UK factories have been slashing jobs and stockpiling at a record rate, as manufacturing is hit by Brexit uncertainty. Markit’s monthly report on...
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by Christopher Nye | Mar 4, 2019
The pound is still benefiting from the upswing last week, although down from the highs of Tuesday and Wednesday, after Commons amendments meant that a no-deal Brexit seemed less likely. The US dollar weakened as Trump criticised Fed Chair Powell as ‘someone who likes...
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