by Christopher Nye | Mar 29, 2019
The dollar continues to strengthen against its rivals, which have been weakened by dovish statements from central banks. With many currencies on the defensive, the dollar brushed aside a decline in benchmark US Treasury yields to 15-month lows. Revised GDP growth data...
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by Christopher Nye | Mar 29, 2019
The pound has weakened further this morning as Brexit uncertainty continues. A third vote on the Prime Minister’s Brexit deal will go ahead today, in an attempt to secure an extension until the 22nd of May. This comes as Speaker John Bercow granted the government...
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by Christopher Nye | Mar 29, 2019
Today would have been the final day of the Brexit deadline, but Parliament is still deciding what it wants. Andrea Leadsom announced yesterday that a third vote, albeit modified to include just the withdrawal agreement, would go ahead on the Prime Minister’s vote...
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by Christopher Nye | Mar 29, 2019
News yesterday evening that Theresa May would bring her withdrawal agreement back to the British Parliament, in a slightly modified debate, caused the euro to gain as the pound drifted downward on fears of volatility ahead. In less positive news, business confidence...
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by Kiran Najran | Mar 28, 2019
I don’t know if it was a consideration in the timing of triggering Article 50, but the weekend we leave (in theory) the European Union is also the day when the clocks go forward and we enjoy an hour more of daylight in the evenings. Whatever your political viewpoint...
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