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Trump threatens World Trade Organization exit

Comments made by Donald Trump towards the end of last week worried investors and markets around the world fell. The US president gave an interview to Bloomberg in which he said if the World Trade Organization didn’t shape up he would withdraw the US. In typical style,...


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GBP: Gfk consumer confidence beats expectations

On Friday, the Gfk consumer confidence index in the UK climbed 3 points to -7 in August. This was better than the -10 the markets had been expecting, which is some welcome positive news. It was a fairly quiet day for sterling, as it continued to hover around the $1.30...


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EUR: eurozone inflation expected to ease to 2%

The headline release from the eurozone in Friday was the flash inflation rate for August. It is expected that it will ease to 2% in August, lower than the 2.1% that the markets had expected. We also saw the unemployment rate come in at 8.2% in July, which was the same...


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USD: April’s balance of trade report beats forecast

On a day where footage emerged showing that Trump was unable to remember the words to ‘God Bless America’ at a patriotic event he had commissioned, the US’s trade balance for April beat forecast. It had been expected to show a $49 billion deficit, but it actually...


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