by Christopher Nye | Sep 5, 2018
Bank of England governor Mark Carney has been described as an unreliable boyfriend in the past, primarily because of his lack of clarity over possible interest rate rise timings. However, it’s worth saying that he has also been described as ‘the outstanding central...
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by Christopher Nye | Sep 4, 2018
Financial markets in the US were rather quiet yesterday as traders celebrated Labor Day. However, this didn’t stop anxiety over the US-China trade war growing once more. Chinese factories posted their weakest expansion in 14 months in August, as exports dropped for...
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by Christopher Nye | Sep 4, 2018
Like UK factories, eurozone factories slowed last month, mainly due to declines in Spain and Italy. From 55.1 in July, manufacturing PMI in the eurozone dipped to 54.6 which was in line with expectations. It is the weakest pace of expansion in the sector since...
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by Christopher Nye | Sep 4, 2018
UK manufacturing growth figures released yesterday were rather disappointing. Last month, the reading came in at a downwardly revised 53.8 and analysts had expected the figure to be the same in August. Alas, it wasn’t to be and growth slumped to 52.8. Output rose the...
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by Christopher Nye | Sep 4, 2018
UK manufacturing growth hit its lowest mark for 25 months in August, with new export orders falling for the first time in more than two years. The reading had been expected to come in at 53.8, which was the same as in July, but it actually came in at 52.8. It is the...
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