by Christopher Nye | Dec 3, 2018
In the early hours of this morning, Donald Trump indicated that China has made more concessions on automotive trade. There have been reports that China has agreed to ‘reduce and remove’ tariffs below the 40% level that is currently being imposed on imports of US cars....
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by Christopher Nye | Dec 3, 2018
On Friday morning, annualised German retail sales for October smashed forecasts. The markets had been expecting sales to do an about-turn from -2.8% to 2.7%, but the year-on-year reading actually came in at 5%. On a monthly basis, sales unexpectedly declined by 0.3%...
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by Christopher Nye | Dec 3, 2018
The only economic data release of note from the UK on Friday was the Nationwide housing prices for October. The figures showed that growth picked up to 1.9% in November, from the previous month’s five-year low of 1.6%. The average price of a home in the UK is now...
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by Christopher Nye | Dec 3, 2018
On Thursday, Theresa May gave comments to the House of Commons liaison committee, where she claimed that extending Article 50 could lead to a renegotiation of her Brexit deal with Brussels. However, on Friday, EU officials dismissed this suggestion, saying that if it...
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by Kiran Najran | Nov 30, 2018
The big news of the day from America was Trump’s former lawyer, Michael Cohen, pleading guilty to charges of lying to Congress. Trump called Cohen ‘weak’ and claimed that he is lying to get a reduced sentence. Importantly, Cohen said that Trump continued trying to...
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