by Christopher Nye | Apr 24, 2023
Pound sterling enters the final week of April marginally unchanged against the euro following last Friday’s retail sales-led slump. Against the US dollar, sterling is also in a similar position. It is a quiet week for pound-watchers this week however, there will be...
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by Christopher Nye | Apr 24, 2023
On the data front, this week is a quiet one for the UK. Tomorrow economists will see the latest public sector net borrowing figures. In the previous release by the Office for National Statistics, it was reported that the UK’s public sector posted a £15.86bn...
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by Christopher Nye | Apr 24, 2023
This week eurozone markets will see the return of Germany’s GfK consumer climate indicator. In the last reading, the indicator hit its highest level since July last year, increasing for a sixth consecutive month. Euro-watchers will be keeping a close eye on...
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by Christopher Nye | Apr 24, 2023
In the stock markets, recession fears were dispelled last week as data showed, US business activity grew to an 11-month high in April. On Friday all major US indices finished the day just over the flatline as investors digested the latest corporate earnings and...
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by Charles Purdy | Apr 24, 2023
Sterling has been going nowhere against the euro for four months now. Looking at the longer term graph it’s hard to recall such a long period in the past few years without a clear movement one way or another. There is nothing inherently stable about the global economy...
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