by Christopher Nye | Feb 21, 2019
It was a mixed day for the US, as we saw initial jobless claims fall by a whopping 23,000 to 216,000 up to 16 February. The markets had been expecting a figure of 229,000. The Markit services PMI reading came in better than expected by rising to 56.2 in February from...
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by Christopher Nye | Feb 21, 2019
The main release from the US yesterday was the latest FOMC meeting minutes. Having said that, there were no real surprises from the minutes, as they generally supported sentiments expressed in January. Fed officials are still closely monitoring key market factors,...
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by Christopher Nye | Feb 21, 2019
The only release of note from the eurozone yesterday was the flash consumer confidence reading for February. Last time around, the figure came in at a disappointing -7.9 and the markets had been expecting a very slight increase to -7.8. However, the figure actually...
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by Christopher Nye | Feb 21, 2019
(Former) Conservative MPs Anna Soubry, Sarah Wollaston and Heidi Allen resigned from the Tory party yesterday to join forces with the seven (former) Labour MPs in the newly formed Independent Group. All ten are refusing to hold by-elections to see if the people who...
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by Christopher Nye | Feb 21, 2019
Just two days after seven MPs resigned from the Labour party, three Tory MPs followed suit to join the newly formed Independent Group. Anna Soubry, Sarah Wollaston and Heidi Allen all gave slightly different reasons for leaving the Conservative party. Allen criticised...
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