by Christopher Nye | Sep 24, 2018
As attention was firmly trained on the prospect of a no-deal Brexit, Germany and the eurozone posted a raft of purchasing managers’ indices which slipped under the radar a little. If we look closely at the readings, we can see they were a bit of a mixed bag, with some...
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by Christopher Nye | Sep 24, 2018
Sterling’s loss is always going to be the dollar’s gain, which is an obvious testament to how interlinked everything is on these here currency markets. Dollar weakness has been a feature of the markets in recent times, but it wasn’t the case on Friday as fears over a...
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by Christopher Nye | Sep 21, 2018
Employment in the US has been strong for some time now and there has been some extremely positive jobless claims data of late. However, initial jobless claims were expected to increase a little this time around to 210,000 from 204,000. But they actually fell again to...
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by Christopher Nye | Sep 21, 2018
The headline release from the eurozone was the flash consumer confidence reading for September 2018. It had been expected to fall to -2 from -1.9 in the previous month, but the actual figure came in at -2.9. It is the lowest reading since May 2017 and is slightly...
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by Christopher Nye | Sep 21, 2018
Amidst continuing Brexit uncertainty, there was some extremely positive news from the UK yesterday in the form of retail sales. Analysts had predicted that sales would slip to -0.2% in August, but they actually increased by 0.3% from an upwardly revised 0.9% in July....
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