by Christopher Nye | Mar 4, 2019
The pound is still benefiting from the upswing last week, although down from the highs of Tuesday and Wednesday, after Commons amendments meant that a no-deal Brexit seemed less likely. The US dollar weakened as Trump criticised Fed Chair Powell as ‘someone who likes...
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by Christopher Nye | Mar 1, 2019
US GDP data was released for the last quarter of 2018, showing a 2.6% annualised growth rate. This pales in comparison to 3.4% expansion for the July to September quarter and shows that the US economy is slowing, as predicted by the markets. Despite this, the fall did...
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by Christopher Nye | Mar 1, 2019
In some slightly positive news for the Eurozone, German flash inflation came in above forecasts, at 1.6% compared to 1.4% the previous year. Nonetheless, the figure was still below the ECB’s target level, making this the third month in a row. Euro did strengthen...
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by Christopher Nye | Mar 1, 2019
The pound began to come down from its 21-month high yesterday, possibly with an ‘exhaustion’ of new good news to keep it buoyed high following the end of the parliamentary debate. Nonetheless, the pound is still stronger than previous weeks, as businesses react...
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by Christopher Nye | Mar 1, 2019
Sterling eased from its 21-month high yesterday, as investors took profits from the the strong run. Stronger-than-expected data came out of the Eurozone. German flash inflation edged up to 1.6%, from forecast 1.4%, although still below the ECB’s target level. It’s...
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