USD: US retail sales miss forecast

The dollar weakened against the euro and had a topsy turvy day against sterling as Brexit-related news caused some volatility in the pound. US retail sales for September were released and showed that they only grew by 0.1% against an expectation of 0.6% growth....


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May delivers Brexit statement to MPs

The weekend was dominated by headlines which revolved around Brexit and were a far cry from the Dow Jones report which claimed a divorce agreement could be settled within a week. Less than a week ago, the outlook was more positive than it had been for some time and...


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Non-farm payrolls weaker than expected

In recent times, markets around the world have become increasingly concerned about the inflationary impact of falling US unemployment, with some believing it could lead to a demand for higher wages. In addition, there is the threat to emerging markets – many...


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