by Christopher Nye | Sep 12, 2018
You may well have seen the photo doing the rounds on the internet, but yesterday Donald Trump performed a double fist pump as he arrived at the 9/11 memorial service. It is currently unclear why he felt this was appropriate and we may well never know. Still, it was...
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by Christopher Nye | Sep 12, 2018
The highlight from the eurozone today was the German ZEW economic sentiment index for September. The last reading was disappointing, coming in at -13.7 and it had been expected to fall further to -14. However, it came in much better than forecast, at -10.6. While that...
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by Christopher Nye | Sep 12, 2018
Average earnings in the UK, excluding bonuses, increased by 2.9% in the three months to July to ease the burden that many UK households have been feeling of late. Including bonuses, wages grew by 2.6%, up from 2.4% in the previous period. The releases were better than...
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by Christopher Nye | Sep 12, 2018
Sterling began yesterday by hitting a five-week high against the dollar before falling back as the day progressed. Increased optimism over securing a Brexit deal helped support the pound, before Britain’s biggest car manufacturer, Jaguar Land Rover, attacked Theresa...
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by Christopher Nye | Sep 11, 2018
Robust GDP figures from the UK didn’t do all that much to sterling yesterday morning. Reports that the UK economy expanded on average by 0.6% during the three months to July 2018 would normally help strengthen the pound, but the release was overshadowed by Brexit...
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