GDP data released for the Euro Area yesterday revealed that economy shrank 11.8% on quarter in the three months to June of 2020, slightly less than initial estimates of a 12.1% fall.
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The pound is still weaker against the euro and the dollar this morning, as worries over Brexit continue. The eighth round of talks between the UK and EU started in London yesterday after tensions increased over the weekend.
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The pound is still weaker against the euro and dollar this morning as Brexit uncertainty continues this week. Today, the government will present a new piece of legislation to Parliament that changes parts of the Withdrawal Bill in…
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There were no data releases for the US yesterday, as it was Labour Day, and it’s a light week for data overall. However, results of the Consumer Price Index will be released on Friday.
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German Balance of Trade figures came in this morning, showing that Germany's trade surplus declined in July year-on-year, as the coronavirus pandemic hit global demand.
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Sterling continues to weaken after Brexit tensions and the possibility of a ‘no-deal’ increased yesterday. Boris Johnson has said that if a deal isn’t reached by the 15th of October, the UK will leave the Brexit transition period…
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As we’ve seen in the past, the pound does not fare well when the possibility of a ‘no-deal’ Brexit increases. Prime Minister Johnson has said that a ‘no-deal’ will be implemented if a deal can’t be reached by…
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It’s Labour Day in the US today, so there are no data releases for the US. However, the dollar strengthened slightly after the release of Non-Farm Payrolls on Friday.
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