by Charles Purdy | Jul 26, 2024
The pound has suffered 36 hours of heavy weather and is around 0.3% down on the week against the euro and a little more against the US dollar. Sterling weakened yesterday in lockstep with tech stocks, with the Nasdaq 100 losing $1tn of its value and the S&P 500...
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by Julian Benson | Jul 25, 2024
Ahead of the Bank of Japan’s policy meeting next Wednesday, the Japanese yen gained over 1% against the US dollar yesterday, taking its monthly gains to 4.25% against the American currency. USD/EUR: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
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by Julian Benson | Jul 25, 2024
Tomorrow, the summer games kick off in Paris. An economic study compiled by CDES predicts that the 2024 Games (Olympics and Paralympics) could deliver up to €11 bn in economic benefits. The forecast expects the organisation of the events to have the biggest economic...
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by Julian Benson | Jul 25, 2024
A recent study from the Institute for Fiscal Studies (IFS) found that as many as 320,000 UK adults have been forced into poverty by soaring mortgage costs after recent interest rate hikes affected their affordability. Between December 2021 and 2023, poverty rates...
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by Julian Benson | Jul 25, 2024
US president, Joe Biden, gave a rare national address from the Oval Office yesterday, framing his decision to step down as a presidential candidate to “pass the torch” to his current vice, Kamala Harris. He also said, “I revere this office, but I love my country...
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