by Christopher Nye | Sep 12, 2018
The highlight from the eurozone today was the German ZEW economic sentiment index for September. The last reading was disappointing, coming in at -13.7 and it had been expected to fall further to -14. However, it came in much better than forecast, at -10.6. While that...
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by Christopher Nye | Sep 12, 2018
Average earnings in the UK, excluding bonuses, increased by 2.9% in the three months to July to ease the burden that many UK households have been feeling of late. Including bonuses, wages grew by 2.6%, up from 2.4% in the previous period. The releases were better than...
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by Christopher Nye | Sep 12, 2018
Sterling began yesterday by hitting a five-week high against the dollar before falling back as the day progressed. Increased optimism over securing a Brexit deal helped support the pound, before Britain’s biggest car manufacturer, Jaguar Land Rover, attacked Theresa...
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by Christopher Nye | Sep 11, 2018
Robust GDP figures from the UK didn’t do all that much to sterling yesterday morning. Reports that the UK economy expanded on average by 0.6% during the three months to July 2018 would normally help strengthen the pound, but the release was overshadowed by Brexit...
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by Christopher Nye | Sep 11, 2018
The week started with a bang as there was a barrage of economic data from the UK. It showed that the UK economy is in better shape than previously thought. Whether you loved or hated the World Cup, it is clear that it had a positive effect on the UK economy, as GDP...
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