by Christopher Nye | Feb 7, 2019
There was yet more disappointing data from Germany yesterday. The eurozone’s largest economy released December’s factory orders, which showed an unexpected drop of 1.6% month-over-month. The release followed a downwardly revised 0.2% fall in November and was well...
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by Christopher Nye | Feb 7, 2019
On a day when the European Council President saw fit to criticise Brexiters who could still see the UK crash out of the EU without a deal, the ratings agency S&P warned that the UK’s credit rating will come under pressure in the event of a no-deal Brexit. While...
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by Christopher Nye | Feb 7, 2019
To say the start of 2019 has not been great for the eurozone would be a bit of an understatement. Italy, France and Germany are all struggling, with a raft of purchasing managers’ indices dropping an alarming amount. It wasn’t all that long ago that PMI figures were...
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by Christopher Nye | Feb 6, 2019
After delaying his State of the Union address because of the longest government shutdown in history, yesterday Trump finally delivered it. In an 80-minute speech he confirmed he will meet with Kim Jong-un in Vietnam within weeks, decried ‘ridiculous partisan...
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by Christopher Nye | Feb 6, 2019
Heightened political uncertainty and continuing Brexit-related concerns have created an economic slump in Britain. Figures released yesterday showed that the UK’s dominant services sector has fallen to the brink of stagnation. In January, the Markit services PMI...
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