EUR: Draghi warns of possible financial unease

Mario Draghi used his ECB press conference to warn of financial unease in the event of a no-deal Brexit. One of the most striking points he made concerned the fact that businesses will have to start rolling out their contingency plans if no developments are...


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‘Financial uneasiness’ without Brexit deal

The European Central Bank did as everyone in the world expected yesterday and left interest rates on hold at 0%. The accompanying press conference was always going to be the main talking point from the meeting and so it proved. President Mario Draghi delivered a...


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USD: Trump attacks Powell for hiking rates

Trump spoke to the Wall Street Journal in the early hours of Wednesday morning and once again attacked the Federal Reserve for its interest rate rises. It is odd that the President has repeated his attack (his fourth in recent times by our count), but perhaps he is...


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EUR: eurozone growth slows as trade wars continue

The fallout from the trade wars has affected the eurozone’s economy, if figures released yesterday are anything to go by. There was a raft of purchasing managers indices from Markit and every single release came in below expectations. In Germany, manufacturing PMI for...


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