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USD: stock markets rattled around the world

The fallout from the Federal Reserve’s interest rate announcement continued throughout yesterday, as stock markets around the world tumbled. The FTSE 100 hit its lowest level since September 2016 and European shares didn’t fare much better. There is a suspicion that...


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GBP: MPs launch bid to amend finance bill

Yesterday, a cross-party group of MPs tabled an amendment to the finance bill to stop the UK leaving the EU without a deal. According to ITV’s Robert Peston, the amendment could be put to a vote on Tuesday 8 January, when MPs will debate the remaining stages of the...


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USD: Fed ignores Trump and raises rates

The Federal Reserve hiked rates by basis points to yesterday which was as expected. The decision flew in the face of what Trump had been asking for, but then it really does have nothing to do with him. The markets were more focused on indications of future policy,...


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EUR: EU and Italy settle the 2019 budget row

After weeks of debate and back and forth, yesterday we learned that the European Commission and Italian government have reached an agreement over the 2019 budget. The deal removes the possibility of Rome receiving an EU fine and could well help stop the rise of...


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