by Christopher Nye | Dec 7, 2018
If you’re tired of hearing about Brexit, then perhaps yesterday’s news provided some relief. However, it was more bad news, as the FTSE 100 suffered its worst day since the EU referendum. The British stock market closed down by 217 points, which is a 3.15% fall. That...
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by Christopher Nye | Dec 7, 2018
Over the past few days (weeks, months, years?!), Brexit has been dominating the headlines, but some respite came yesterday in the form of stock markets around the world. There were some significant drops in the UK, Europe, Asia and America as market confidence was...
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by Christopher Nye | Dec 6, 2018
Last weekend, there was real optimism surrounding the trade war between the US and China, and it looked as if there could well be some light at the end of the tunnel. Reports that America had agreed to delay new tariffs on Chinese imports by 90 days – and China...
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by Christopher Nye | Dec 6, 2018
There were further signs that the trade war and Brexit is having a negative impact on the eurozone’s economy yesterday, with the release of the Markit composite PMI readings. The eurozone’s composite PMI dropped to 52.7 in November from 53.1 the previous month....
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by Christopher Nye | Dec 6, 2018
While the political situation understandably took centre stage yesterday, there was the little matter of the Markit services PMI reading for November on the economic data schedule. Rather alarmingly, the figure dropped to just 50.4 last month – the weakest reading...
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