by Christopher Nye | Nov 27, 2018
European Central Bank President Mario Draghi delivered a speech yesterday in which he said that recent economic data from the eurozone was ‘somewhat weaker than expected’. Growth in the eurozone has slowed to just 0.2% and Draghi appeared to suggest that Trump’s trade...
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by Christopher Nye | Nov 27, 2018
On a day when the independent think tank, NIESR, published a study which showed the UK will be £100 billion worse off by 2030 than if it had remained in the EU, Theresa May was frantically trying to get support for her Brexit deal. As it stands, very few MPs appear to...
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by Christopher Nye | Nov 26, 2018
Similarly to the eurozone, PMI releases from the US all came in below expectations. However, in sharp contrast to the eurozone, the readings were still largely positive and showed healthy growth. Composite PMI dropped to 54.4 in November from 54.9 in October and below...
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by Christopher Nye | Nov 26, 2018
It was a busy day for the eurozone on Friday, with composite, manufacturing and services PMI from Germany and the eurozone on the schedule. Unfortunately, every single one of the releases came in below expectations, with some hitting lows not seen for some time. The...
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by Christopher Nye | Nov 26, 2018
Theresa May will probably have allowed herself a brief sigh of relief yesterday, when EU leaders approved an agreement on the UK’s withdrawal and possible future relations. However, she will be aware that there is still a battle to get it through Parliament and, at...
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