by Christopher Nye | Dec 21, 2018
On Wednesday night, the Federal Reserve did as expected and hiked interest rates by 25 basis points to 2.5%. The topic of greater interest was always going to be the accompanying press conference and whether there were any hints on future policy. Fed Chair Jerome...
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by Christopher Nye | Dec 21, 2018
The fallout from the Federal Reserve’s interest rate announcement continued throughout yesterday, as stock markets around the world tumbled. The FTSE 100 hit its lowest level since September 2016 and European shares didn’t fare much better. There is a suspicion that...
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by Christopher Nye | Dec 21, 2018
There were no major economic data releases from the eurozone yesterday, as the Federal Reserve’s announcement that it would hike rates two more times in 2019 dominated the headlines and market moves. Stock markets around the world tumbled as traders believe that...
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by Christopher Nye | Dec 21, 2018
Yesterday, a cross-party group of MPs tabled an amendment to the finance bill to stop the UK leaving the EU without a deal. According to ITV’s Robert Peston, the amendment could be put to a vote on Tuesday 8 January, when MPs will debate the remaining stages of the...
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by Christopher Nye | Dec 20, 2018
The Federal Reserve hiked rates by basis points to yesterday which was as expected. The decision flew in the face of what Trump had been asking for, but then it really does have nothing to do with him. The markets were more focused on indications of future policy,...
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