by Christopher Nye | Mar 8, 2024
The single currency’s fortunes diverged yesterday with gains on the dollar and falls against sterling. After the excitement of yesterday’s ECB announcement, later today we will get a reading for eurozone employment and GDP. Europe is crawling slowly out of recession,...
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by Christopher Nye | Mar 8, 2024
Sterling bobbed to the surface again yesterday, despite the grim state of the nation’s finances according to some analysts, if not the chancellor, making his round of the TV studios post-budget. Next week starts a fresh round of high-level data, starting with...
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by Charles Purdy | Mar 8, 2024
The euro lost out to sterling yesterday but gained on the US dollar, after the European Central Bank (ECB) kept interest rates on hold – as expected – and said that inflation was falling faster than forecast. While GBP/EUR strengthened for a while, it didn’t last....
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by Jonathan Cook | Mar 7, 2024
The German balance of trade increased to a surplus of €27.5bn in January, well above the expected €23.6bn. After some dark times, that’s actually the largest German trade surplus on record with exports to the EU particularly strong. GBP/EUR: the past year 1 Min 5 Min...
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by Jonathan Cook | Mar 7, 2024
The US labour market finally hit a bump in the road in January. The number of job openings fell, so the question became whether this was a mere blip or a sign that the labour bubble has burst. It’s an intriguing question, and one that Jerome Powell may touch on in his...
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