by Jonathan Cook | Oct 30, 2025
Thursday is decision day for the European Central Bank, but don’t expect as much drama as others have served up. The euro has been stable this week ahead of another expected hold, and even this morning’s busy streak of growth data looks unlikely to change that....
read more
by Jonathan Cook | Oct 30, 2025
The pound fell to its lowest in months against the US dollar and its lowest in years against the euro across the middle of this week. Two main factors have contributed to this: first, the autumn Budget will be painful and might include tax rises to offset the...
read more
by Jonathan Cook | Oct 30, 2025
Wednesday was another rollicking day for stock markets with the Federal Reserve’s second consecutive interest rate cut bringing another burst of optimism. Today also begins with promising news from the trade war. Overnight, Donald Trump claimed a one-year agreement...
read more
by Charles Purdy | Oct 29, 2025
The pound fell, fell again and then fell some more yesterday against the euro. The immediate reason was the finding from the Office for Budget Responsibility (OBS) that the Chancellor will need to find another £20bn to make up for falling UK productivity and stay...
read more
by Charles Purdy | Oct 29, 2025
It felt like some chickens were coming home to roost yesterday as the pound fell, fell again and then fell some more. The immediate reason was the finding from the Office for Budget Responsibility (OBS) that the Chancellor will need to find another £20bn to make up...
read more
