by Christopher Nye | Feb 6, 2019
After delaying his State of the Union address because of the longest government shutdown in history, yesterday Trump finally delivered it. In an 80-minute speech he confirmed he will meet with Kim Jong-un in Vietnam within weeks, decried ‘ridiculous partisan...
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by Christopher Nye | Feb 6, 2019
Heightened political uncertainty and continuing Brexit-related concerns have created an economic slump in Britain. Figures released yesterday showed that the UK’s dominant services sector has fallen to the brink of stagnation. In January, the Markit services PMI...
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by Christopher Nye | Feb 6, 2019
After Monday’s disappointing construction data, attention turned to the services PMI reading for January. The latest figures showed a slump in the performance to 50.1 from 51.2 the previous month. It is the lowest reading for more than two years and serves as further...
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by Christopher Nye | Feb 5, 2019
January wasn’t a great year for the eurozone either, as private sector growth hit its weakest level since mid-2013. The latest figures came in at 51.0 last month and given that any reading above 50.0 shows growth, this reading is barely above stagnation. Markit...
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by Christopher Nye | Feb 5, 2019
Although we have now entered the second month of 2019, we are still getting economic data readings from the back-end of last year and yesterday was no exception. In the US, the only release of note was the factory orders figures for November, which dropped by 0.6%...
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