by Christopher Nye | Sep 14, 2018
On a day where the Bank of England and European Central Bank did as expected and voted to keep interest rates on hold in the UK and eurozone at 0.75% and 0% respectively, Moody’s issued a warning. The credit rating agency said that Britain’s economy would flounder if...
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by Christopher Nye | Sep 13, 2018
Yesterday afternoon, we saw reports that the US is on the brink of proposing a fresh round of trade talks with the US. It marks the first time since Trump’s tariffs came into play that the US has reached out to negotiate, rather than the other way round. It remains to...
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by Christopher Nye | Sep 13, 2018
On an otherwise quiet day for economic data, industrial productions figures for July were released from the eurozone. Both the year-on-year and month-on-month readings unexpectedly fell and came in below expectations. This could be a sign that trade war fears are...
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by Christopher Nye | Sep 13, 2018
With no economic data releases from the UK yesterday, attention turned to political events. In Prime Minister’s Questions, Theresa May told MPs that if the UK leaves the EU without a deal, the EU won’t get the £39 billion ‘divorce payment’ that has previously been...
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by Christopher Nye | Sep 13, 2018
There were some shocks on the markets, with the Chinese stock market hitting its lowest level since January 2016. As Xi Jinping was in Russia with President Vladimir Putin, Chinese stocks were tumbling as a result of Trump’s tariffs. Both Putin and Xi hit out at US...
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