by Christopher Nye | Nov 15, 2018
The headline economic data release yesterday was the inflation figure for October, which held steady at 2.4%. Analysts had been expecting a slight increase to 2.5% and the ups and downs of inflation in recent months have been linked to the pound’s performance. The...
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by Christopher Nye | Nov 15, 2018
After a fraught five-hour meeting with her Cabinet, Theresa May emerged from No 10 to confirm that the Brexit draft agreement had the support of her Cabinet. Speaking to the press, she said that she believed with her head and her heart that her deal was the best one...
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by Christopher Nye | Nov 14, 2018
The dollar gained a fair amount of ground against sterling yesterday as positive average earnings from the UK helped support the pound at the start of the day. Then came the news that many people have been waiting for, with UK and EU negotiators said to have agreed...
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by Christopher Nye | Nov 14, 2018
The main release from the eurozone yesterday was the German ZEW economic sentiment index which had been expected to slide even further in November. Last month, the reading came in at -24.7 and it was forecasted to drop to -25, but it actually came in at -24.1. The...
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by Christopher Nye | Nov 14, 2018
The day ended up being dominated by reports that UK and EU negotiators have agreed a Brexit withdrawal agreement text. We will find out more today and whether we can expect May’s Cabinet to agree the terms. However, on any other day, reports that UK average earnings...
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