by Christopher Nye | Dec 20, 2018
The headline release from the UK yesterday was the inflation rate figure for November. As expected, it dropped to 2.3% from 2.4% the previous month, to hit its lowest level in 20 months. The Office for National Statistics said that lower petrol prices pulled inflation...
read more
by Christopher Nye | Dec 20, 2018
Last night, the Federal Reserve ignored Trump’s pleas and hiked interest rates for the ninth time since late 2015. The central bank’s move was expected and so the currency markets were fairly muted in response, but it was a different story for the stock markets. The...
read more
by Christopher Nye | Dec 19, 2018
Donald Trump sent another Tweet yesterday that urged the Federal Reserve to resist hiking interest rates this time around. The former reality television star appears to be unhappy with the central bank’s ‘quantitative tightening’ programme, which is currently taking...
read more
by Christopher Nye | Dec 19, 2018
On what was a relatively quiet day, we saw the German Ifo business climate reading for December. It has been expected to dip to 101.8 from 102 the previous month, but it actually came in at 101. It is the fourth decline in a row and the lowest reading since September...
read more
by Christopher Nye | Dec 19, 2018
The supposed increased likelihood of a no-deal Brexit has encouraged ministers to ramp up their no-deal planning efforts, with some 3,500 troops on standby to help in the event of a crisis. Despite measures including chartering space on cross-channel shipping to...
read more
