by Christopher Nye | Jan 7, 2019
The headline release from the US yesterday, was the ISM non-manufacturing PMI reading for December. Last time around, the reading was exceptionally strong at 60.7 and was expected to dip to 59.0. However, it actually came in at 57.6 which is the weakest pace of...
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by Christopher Nye | Jan 7, 2019
It was a bit of a mixed start to the week for economic data from the eurozone, as the day began with some disappointing news from Germany. In November, factory orders fell by 1% month-on-month which was worse than the 0.4% decline the markets had been expecting. It is...
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by Christopher Nye | Jan 7, 2019
There was more bad news for the UK automotive sector yesterday, as the latest new car sales figures showed that new car registrations slumped by 5.5% year-on-year in December 2018. The Society of Motor Manufacturers and Traders reported that over the course of last...
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by Christopher Nye | Jan 7, 2019
As MPs returned from their Christmas break, there was much Brexit-related news to get our teeth into. Theresa May is set to chair a new Brexit cabinet committee that has been set up to plan for Brexit, including preparations for no-deal. Speaking of which, there was a...
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by Christopher Nye | Jan 7, 2019
The headline release from the US on Friday was the non-farm payrolls reading, which came in far better than expected. The figure increased by 312,000 in December following an upwardly revised 176,000 increase in November, smashing expectations of 177,000. The news was...
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