by Christopher Nye | Jan 31, 2019
Although the longest government shutdown in history has now come to an end, the effects of it are expected to filter through to the US economy over the next few weeks. However, figures released yesterday showed that if there are any adverse effects, they have not...
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by Christopher Nye | Jan 31, 2019
On what was an extremely busy day for the eurozone, we saw further evidence that morale across the euro area is sliding. The economic sentiment index dropped to 106.2 in January from 107.4 the previous month and below expectations of 106.8. It is the seventh...
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by Christopher Nye | Jan 31, 2019
Attention was understandably focused on Brexit developments (or lack thereof) yesterday, but mortgage approval figures for December were released. They showed that the number of mortgages approved last month dropped to 63,793, which was more-or-less in line with...
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by Christopher Nye | Jan 31, 2019
After MPs narrowly voted in favour of the amendment tabled by the senior Conservative Graham Brady, yesterday was yet another hectic day of Brexit-related news. MEPs sat down to debate Brexit, with the European Union’s chief negotiator, Michel Barnier, grabbing the...
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by Christopher Nye | Jan 30, 2019
The main release from the US yesterday was the consumer confidence index reading for January. The figure – calculated by America’s Conference Board – dropped to just 120.2 this month from 126.6 in December. While the markets had expected a decline, it was much more...
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