EUR: hectic day for eurozone economic data

There were no releases from the eurozone yesterday, which was perhaps just as well given how scene-stealing Brexit and the Federal Reserve’s interest rate decision was. Perhaps unsurprisingly, the euro weakened a little against sterling and the dollar, but the moves...


read more

Unworkable Chequers plan weakens pound

Just when it looked as if there was some light at the end of what has proved to be a very long tunnel, along come all the EU leaders, Tory sceptics, members of opposition parties and some Tory remainers to say that the Chequers plan put forward by the government is...


read more

EUR: a bit of a mixed bag for PMI data

As attention was firmly trained on the prospect of a no-deal Brexit, Germany and the eurozone posted a raft of purchasing managers’ indices which slipped under the radar a little. If we look closely at the readings, we can see they were a bit of a mixed bag, with some...


read more