by Christopher Nye | Nov 5, 2018
Last time around, construction PMI in the UK dropped to a six-month low of 52.1. The markets were expecting it to fall further in October to 52.0, but the reading actually came in at 53.2. Any reading that beats expectations is welcome, but the UK needed some positive...
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by Christopher Nye | Nov 5, 2018
The headlines were understandably dominated by the impressive US economic data releases, but manufacturing PMI in Germany and the eurozone was released. In October, Germany manufacturing PMI dropped to 52.5 from 53.7 the previous month and just below the 52.3 the...
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by Christopher Nye | Nov 5, 2018
The US economy is certainly in a period of rude health at present and on Friday, we saw further evidence of this. Non-farm payrolls showed that a whopping 250,000 jobs were added in October – a significant leap from a downwardly revised 118,000 the previous month. The...
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by Christopher Nye | Oct 26, 2018
The pipe bomb scares which you have no doubt read about this week continued yesterday, with Joe Biden and Robert De Niro the latest intended recipients. As it stands, every person who has been sent a pipe bomb has been publicly attacked by Trump, but then the...
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by Christopher Nye | Oct 26, 2018
Mario Draghi used his ECB press conference to warn of financial unease in the event of a no-deal Brexit. One of the most striking points he made concerned the fact that businesses will have to start rolling out their contingency plans if no developments are...
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