by Christopher Nye | Nov 6, 2018
At 6am on the eastern seaboard, polling stations will open so that the American public can vote in the midterm elections. It is impossible to call right now, although there are reports that voter turnout could be higher than it has been for the past 50 years. The...
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by Christopher Nye | Nov 6, 2018
The economic data schedule was dominated by releases from the UK and US yesterday, but the euro still found itself floundering once more as investor confidence slumped. The falls against sterling were down to continued optimism that a Brexit deal can be agreed sooner...
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by Christopher Nye | Nov 6, 2018
New car registrations fell 2.9% year-on-year in October, with just 153,599 vehicles registered last month. That follows a 20.5% plunge in September and is of some concern for obvious reasons. However, there is at least some reason for this as new emissions tests...
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by Christopher Nye | Nov 5, 2018
The headline release on Friday was October’s non-farm payrolls from the US. They increased by a whopping 250,000 following a downwardly revised 118,000 in September and far better than the 190,000 the markets had been expecting. Donald Trump was quick to Tweet about...
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by Christopher Nye | Nov 5, 2018
Last time around, construction PMI in the UK dropped to a six-month low of 52.1. The markets were expecting it to fall further in October to 52.0, but the reading actually came in at 53.2. Any reading that beats expectations is welcome, but the UK needed some positive...
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