by Christopher Nye | Sep 12, 2018
Sterling began yesterday by hitting a five-week high against the dollar before falling back as the day progressed. Increased optimism over securing a Brexit deal helped support the pound, before Britain’s biggest car manufacturer, Jaguar Land Rover, attacked Theresa...
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by Christopher Nye | Sep 11, 2018
Robust GDP figures from the UK didn’t do all that much to sterling yesterday morning. Reports that the UK economy expanded on average by 0.6% during the three months to July 2018 would normally help strengthen the pound, but the release was overshadowed by Brexit...
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by Christopher Nye | Sep 11, 2018
The week started with a bang as there was a barrage of economic data from the UK. It showed that the UK economy is in better shape than previously thought. Whether you loved or hated the World Cup, it is clear that it had a positive effect on the UK economy, as GDP...
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by Christopher Nye | Sep 11, 2018
On a day when economic data for the UK was more encouraging than it has been for some time, it was comments made by Michel Barnier that affected the currency markets. Following reports that the EU’s chief negotiator thought that agreeing a Brexit deal within the next...
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by Christopher Nye | Sep 11, 2018
While the headlines were dominated by Brexit, China’s foreign ministry reiterated that Beijing will take countermeasures if the US imposes new tariffs. As it stands, both sides have imposed tariffs on $50 billion of each other’s goods, with Trump threatening tariffs...
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