GBP: Bank of England is worried about Brexit

The Bank of England announced its interest rate decision yesterday and, unsurprisingly, they were kept on hold this time around. What made for more interesting reading, were the minutes from the Monetary Policy Committee meeting and subsequent press conference. The...


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UK exporters risk being locked out of harbours

With fewer than 50 days until the UK is set to withdraw from the European Union, the Confederation of British Industry has issued a warning that UK exporters risk being locked out of harbours around the world in the event of a no-deal Brexit. Many exporters will be...


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USD: US trade gap narrows by more than expected

America’s trade deficit with the rest of the world narrowed to $49.3 billion in November. That is down from $55.7 billion the previous month and much better than the $54 billion gap the markets had been expecting. It is the lowest deficit in five months and was...


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