by Christopher Nye | Sep 18, 2018
Even as expectations that the UK will agree a deal with the EU increase, we are still hearing of more and more negative impacts of crashing out of the EU without one. Moody’s said there was a risk of recession and now the IMF has had their say. Lagarde said that a...
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by Christopher Nye | Sep 18, 2018
The only release of note yesterday was the eurozone’s inflation rate for August, which came in as expected at 2%. However, there was plenty to talk about, particularly regarding the ongoing threat of a trade war and the potential impacts of a no-deal Brexit. It had...
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by Christopher Nye | Sep 17, 2018
The pound began Friday by hitting a six-week high against the dollar, as investors remain optimistic about the UK agreeing a deal with the EU. However, as the day wore on, it fell back a little. Last week was dominated with Brexit-related news, with 28 no-deal...
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by Christopher Nye | Sep 17, 2018
Friday was quiet for economic data in the UK, although BoE governor Mark Carney did deliver a speech in Dublin. The day before, Carney had talked about how a no-deal Brexit could be as damaging to the UK economy as the global financial crisis. Investors either didn’t...
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by Christopher Nye | Sep 17, 2018
The euro lost some ground against sterling and the dollar on Friday, but the moves weren’t all that significant. The eurozone’s balance of trade figures were released and showed that the surplus declined to €17.6 billion in July from €21.6 billion a year earlier. This...
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