by Christopher Nye | Nov 12, 2018
The only release of note from the US on Friday was the University of Michigan’s consumer sentiment which had been expected to dip to 98.0 from 98.6 in the previous period. The reading actually better expectations by coming in at 98.3, but the reading is still the...
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by Christopher Nye | Nov 12, 2018
The highlight from the eurozone last week was the European Commission’s forecasts which predicted there would be a slowdown in growth across the eurozone over the next couple of years. Trade wars, rising geopolitical tensions and higher oil prices are all likely to...
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by Christopher Nye | Nov 12, 2018
The headline release on Friday was the UK GDP growth rate for the third quarter of 2018 which came in as expected at 1.5%. On a quarterly basis, the figure came in at 0.6% from 0.4% the previous period. The readings were positive, but the markets were extremely...
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by Christopher Nye | Nov 12, 2018
Good morning. Fridays tend to be pretty good as it is, but when the UK economic growth figures come in at a near two-year high, they get even better. Figures released showed that the UK GDP growth rate for the third quarter 2018 was 1.5%. This was in line with...
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by Christopher Nye | Nov 9, 2018
Federal Reserve policymakers met last night and announced that interest rates will be kept on hold this time around. They did signal that rates will continue to be hiked gradually which investors took for confirmation that rates will be hiked in December. The dollar...
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