by Christopher Nye | Jan 17, 2019
The headline release from the eurozone yesterday was the German inflation rate for December 2018. The figures showed inflation dropped to 1.7% from 2.3% the previous month, which was in line with expectations. It is the lowest rate of inflation for eight months and...
read more
by Christopher Nye | Jan 17, 2019
There were more fireworks in the US yesterday, as Speaker Nancy Pelosi asked Trump to reschedule the State of the Union because of the government shutdown. She sent a letter to the president asking him to deliver the address in writing, or pick a different date...
read more
by Christopher Nye | Jan 17, 2019
While journalists reacted to yesterday’s political developments (or lack thereof), the Bank of England governor, Mark Carney, delivered a speech in which he told MPs that investors believe a disorderly Brexit is now less likely. He stated that the financial markets...
read more
by Christopher Nye | Jan 17, 2019
A day after Theresa May suffered the heaviest Parliamentary defeat of any British prime minister in the democratic era, the prime minister faced another vote in the form of a no-confidence motion tabled by Jeremy Corbyn. May was always likely to win the motion, given...
read more
by Christopher Nye | Jan 16, 2019
There was some early optimism on the stock markets yesterday, as Chinese policymakers said they would take action to stimulate growth and prevent an economic slump. China’s finance ministry has pledged to slash taxes in a bid to help companies. The news was initially...
read more
