by Christopher Nye | Oct 4, 2018
Theresa May walked onto the stage yesterday to the tune of ABBA’s Dancing Queen in a self-deprecating reference to her recent trip to Africa. Last year, she spoke against a backdrop that crumbled behind her, but this time around, it was arguably worse – 30 minutes...
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by Christopher Nye | Oct 3, 2018
Following his return from running through what looked like fields of wheat, Boris Johnson launched an attack on Theresa May’s Brexit plan. Speaking at a fringe event at the Conservative Party Conference, Johnson said that the Chequers plan was ‘dangerous and unstable’...
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by Christopher Nye | Oct 3, 2018
Amidst the furore of the Conservative Party Conference and Boris Johnson’s attack on Theresa May, there was the small matter of the UK construction PMI for September. Economists had predicted a fall to 52.5 from 52.9 the previous month, but the actual reading was...
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by Christopher Nye | Oct 3, 2018
Italy’s continued budget row with Brussels continues to weigh heavily on the euro, as it hit its lowest mark against the dollar for six weeks. Rome is refusing to back down over plans to target a deficit target of 2.4% of GDP. The markets are concerned that there...
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by Christopher Nye | Oct 3, 2018
With no major releases from the US, attention was understandably drawn to the Conservative Party Conference and the Italian budget row. Still, despite the quiet day for economic data, the dollar managed to hit its highest mark for six weeks against the single currency...
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