New Brexit cabinet committee set up

As MPs returned from their Christmas break, there was much Brexit-related news to get our teeth into. Theresa May is set to chair a new Brexit cabinet committee that has been set up to plan for Brexit, including preparations for no-deal. Speaking of which, there was a...


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USD: non-farm payrolls smash expectations

The headline release from the US on Friday was the non-farm payrolls reading, which came in far better than expected. The figure increased by 312,000 in December following an upwardly revised 176,000 increase in November, smashing expectations of 177,000. The news was...


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EUR: eurozone inflation eases to 1.6%

On Friday, we saw eurozone inflation fall to 1.6% in December, from 1.9% the previous month and below expectations of 1.8%. It is the lowest rate of inflation since April 2017 and as mainly down to a slowdown in the cost of energy, food, alcohol and tobacco. Composite...


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GBP: Brexit anxiety weighs heavy on UK economy

Figures released on Friday showed the continuing effects of Brexit anxiety on the UK economy, with the latest services PMI reading showing that optimism among services companies has dropped to its lowest levels since the financial crisis. Although the figure actually...


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MPs set to discuss Brexit withdrawal proposals

Good morning to you all. We trust you had a decent festive break? Many of you no doubt returned to work last week, but some of you will be back in the office today for the first time this year. You are not the only ones, as MPs return from their Christmas break today...


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