A busy week of data for the Eurozone has finished this morning with releases from Germany. Germany's trade surplus narrowed as the coronavirus pandemic hit global demand.
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The pound remained strong against the euro and the dollar throughout the course of yesterday, and is still strong this morning. This came after the Bank of England’s monetary policy meeting.
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The pound is still strong this morning after the Bank of England’s monetary policy meeting yesterday, which was more positive than expected. Governor Andrew Bailey has supported the end of the government’s furlough scheme, saying that it’s time…
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The dollar is still weak as Congress continues to debate a new fiscal stimulus package to help the US economy. A deadline was missed last Friday to extend enhanced unemployment payments during the pandemic.
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Data released yesterday showed that the Eurozone's retail trade rose by a 5.7% from a month earlier in June 2020, following an upwardly revised 20.3% jump in May and compared to market expectations of a 5.9% growth.
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The pound is strong against the euro and the dollar this morning, as the Bank of England's monetary policy update was more positive than expected. As well as keeping interest rates on hold and leaving its quantitative easing…
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The pound is strong after the Bank of England’s monetary policy update, which was released this morning. By unanimous vote, the Bank kept interest rates on hold and left its quantitative easing programme unchanged. It expects the economy…
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A stimulus package to help the US economy with the effects of coronavirus is still being debated in Congress by Republicans and Democrats. Whilst there has been reports of some progress, the two sides still remain far apart…
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