by Christopher Nye | Dec 31, 2018
The UK Government has announced it will be spending more than £100 million on attempting to ease any potential backlogs at channel ports in the event of a no-deal Brexit. Ironically, most of the money will be going abroad, with the lion’s share of the contracts given...
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by Christopher Nye | Dec 28, 2018
The Fed signalled last week that they will be far more ‘data dependent’ this year when they consider whether to hike rates any more or not, so next week’s non farm payroll data might get some attention. Until then the dollar is more likely to trade on sentiment from...
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by Christopher Nye | Dec 28, 2018
Lots of PMI data next week to help us get an idea of the health of the euro zone economy, and the single currency will also soon be celebrating its twentieth birthday. Euro also trades at familiar levels against the US dollar at 1.1450 but is slightly stronger against...
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by Christopher Nye | Dec 28, 2018
The pound continues to trade sideways in the absence of any data or Brexit news. FTSE, the UK stock market, enjoyed a strong bounce of almost 4% along with all the other world indices on Wednesday, but gave back most of those gains yesterday before making back about...
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by Christopher Nye | Dec 28, 2018
No real data out this week and everyone was thankful for the break after the equity markets had been buffeted so badly in the run up to Christmas. Stories that the US President was considering whether to fire his own appointee to the Chair of the Federal Reserve,...
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