by Jonathan Cook | Mar 11, 2026
A wider balance of trade margin would usually be a good sign for the German economy. However, February’s surplus of more than €20 billion was driven by falling exports and an even larger drop for imports. A second consecutive fall in key manufacturing added to the...
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by Jonathan Cook | Mar 11, 2026
The Office for Budget Responsibility (OBR) recently unveiled updated economic forecasts to accompany the spring statement. Events have rendered these hideously outdated. The data agency said yesterday that a prolonged conflict would push headline inflation (previously...
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by Ryan Morrison | Mar 10, 2026
The dollar eased a touch on Tuesday morning as Trump’s de-escalation comments took some heat out of safe-haven demand. It remains firmly stronger over the past fortnight, however, and the focus now turns to tomorrow’s CPI reading and next week’s...
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by Ryan Morrison | Mar 10, 2026
The euro has fallen further than any other major currency since the conflict began, losing roughly twice as much ground as the pound. Europe’s structural dependence on imported energy means surging oil and gas prices hit the eurozone economy harder and faster...
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by Ryan Morrison | Mar 10, 2026
The Bank of England’s expected March rate cut has been effectively taken off the table by the Iran conflict. Markets now see a hold on 19 March as near-certain, with analysts warning that UK inflation could push towards 3.5% this year if energy prices stay...
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