by Christopher Nye | Oct 23, 2018
It was an extremely quiet day in America yesterday, with the Italian budget row and lack of progress in the Brexit negotiations dominating the headlines. However, despite the lack of economic data, the dollar made some healthy gains against both sterling and the euro....
read more
by Christopher Nye | Oct 23, 2018
The Italian budget row reared its head once more yesterday, with reports that Italy will not back down on its budget deficit proposals. The Italian government said it won’t let the country’s budget deficit widen further than the 2.4% target for 2019, with Prime...
read more
by Christopher Nye | Oct 23, 2018
Another day, another Theresa May speech delivered to MPs. This time, it was on the recent Brussels summit and she said progress has been made on the withdrawal agreement and the future relationship between the UK and EU. According to her, there is agreement on 95% of...
read more
by Christopher Nye | Oct 23, 2018
Italy’s refusal to change its plans for next year means that a budget proposal clash with the European Union appears inevitable. The eurozone’s third-largest economy has refused to compromise on its economic targets, and sent a letter to Brussels yesterday which...
read more
by Christopher Nye | Oct 18, 2018
The dollar enjoyed a decent day against sterling following the release of UK inflation data. Closer to home, the number of new housing projects dropped by 5.3% in September. Part of the reason is the lasting effects of hurricane disruption, but it was still a bigger...
read more