by Christopher Nye | Dec 20, 2022
The US has just launched a $369bn Inflation Reduction Act (IRA) that incentivises investments in technology and green energy. These reforms have trigged upset in Brussels that companies may choose to invest in the US, over Europe, amid a time of sky-high inflation. In...
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by Christopher Nye | Dec 20, 2022
Yesterday, EU energy ministers reached an agreement to cap gas prices when they reach €180 per megawatt hours for three days. This decision was finally made after Germany, which had strongly opposed the cap, finally...
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by Christopher Nye | Dec 20, 2022
Yesterday the Confederation of British Industry said they don’t expect any let-up in the touch trading environment in early 2023. This comes after industrial trend orders came in at -6 in December. This is the weakest level it’s been since August, however, it’s still...
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by Christopher Nye | Dec 20, 2022
Yesterday markets heard the business climate indicator for Germany rose for a third consecutive month in December to 88.6, above market expectations of 87.4. This suggests business morale is stronger than expected despite high inflation and the worldwide energy...
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by Charles Purdy | Dec 19, 2022
Sterling starts the week having lost all of its gains from the past month against the euro. Although it remains well ahead of the lows of autumn and above the five-year average, last week will have given anyone committed to a large transaction in the eurozone (without...
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