by Kiran Najran | Dec 27, 2018
The pound continues to trade sideways in the absence of any data or Brexit news. FTSE, the UK stock market, enjoyed a strong bounce of almost 4% along with all the other world indices, but is already giving back some of those gains today. It is not until next week and...
read more
by Christopher Nye | Dec 24, 2018
Rare is the day when Donald Trump doesn’t do, say or Tweet something that reverberates around the world. So it was hardly surprising that on Friday, the former reality television star said that he would force a government shutdown that lasts for a ‘very long time’ if...
read more
by Christopher Nye | Dec 24, 2018
Durable goods orders for November were slightly disappointing at 0.8%, but this was some turnaround from the downwardly revised 4.3% fall in October. The markets had been expecting a figure of 1.6% so the release was both good and bad really. The final reading of the...
read more
by Christopher Nye | Dec 24, 2018
It was a relatively quiet day for the eurozone on Friday, but we did see the flash estimate of the eurozone’s consumer confidence reading. It had been expected to fall further from the previous month’s -3.9 to -4.3, but it actually dropped further to -6.2. It is the...
read more
by Christopher Nye | Dec 24, 2018
It was quite a busy day in the UK on Friday, with several economic data releases on the schedule. Public sector net borrowing figures showed that the UK’s budget deficit narrowed to £6.35 billion in November 2018 from £7.24 billion in the same month a year before. The...
read more
