by Christopher Nye | May 8, 2019
Euro saw a slight strengthening against the pound as German industrial production figures showed an unexpected increase. Where the markets had expected a fall of 0.5 percent, they actually came in at plus 0.5, continuing the upward movement from last month. This now...
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by Christopher Nye | May 8, 2019
Sterling took a hit yesterday evening and remains weak this morning due to concerns about Brexit negotiations and increasing calls for Theresa May to resign as Prime Minister. Yesterday she met with Chair of the 1922 Committee, Sir Graham Brady, amid pressure for her...
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by Christopher Nye | May 8, 2019
According to reports from Brussels, the other EU countries are very much into the “moving on” stage of Brexit. Bored by Britain’s inability to decide how and whether to leave, and with political problems of their own as the European elections aproach, they’re going to...
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by Christopher Nye | May 8, 2019
No conclusion has come out of Brexit talks yet, beyond confirmation yesterday from David Lidington that European elections will go ahead – but the government will continue to try to seek a resolution before MEPs take their seats. Whether this will be another case of a...
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by Christopher Nye | May 7, 2019
The dollar has kept to a tight range against most major currencies this morning. This comes amid the latest US-China trade developments, in which President Trump has threatened to raise tariffs again and China has reportedly moved away from commitments made over the...
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