by Christopher Nye | Jan 23, 2019
The eurozone will be thankful for small mercies at the moment, with a raft of data showing its economy is struggling at present. Yesterday, the German ZEW economic sentiment index unexpectedly rose by 2.5 points in January to hit -15.0 – much better than the...
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by Christopher Nye | Jan 23, 2019
Figures released yesterday showed that average earnings, including bonuses, increased by 3.4% in the three months to November 2018. It is the fastest rate since the three months to July 2008 and was better than the 3.3% the markets had been expecting. Excluding...
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by Christopher Nye | Jan 22, 2019
On Saturday, Speaker Nancy Pelosi rejected Trump’s latest shutdown deal before he had even announced it. The president offered temporary concessions on the status of threatened migrant groups in exchange for $5.7 billion for a wall on the US-Mexico border. The current...
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by Christopher Nye | Jan 22, 2019
There were reports that the Polish foreign minister has proposed a five-year time limit on the Irish backstop. In theory, this could boost the chances of a Brexit bill getting through Parliament, but it would certainly require more support from other EU27 countries....
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by Christopher Nye | Jan 22, 2019
Theresa May delivered her Brexit plan B announcement yesterday, but in truth very little has changed since before Christmas. The prime minister assured the Commons that she would seek assurances from the EU regarding the backstop, but that has failed to materialise....
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