The pound dipped against the euro yesterday, following Rishi Sunak’s comments that the UK is likely to already be in a ‘significant recession’. His comments come on the back of a poor showing for GDP figures on Wednesday,…
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The dollar is up against the pound this morning, despite concerns from investors that the US could one day adopt negative interest rates, after Donald Trump continued to push for the policy. Consumer price figures also showed the…
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The euro is currently benefiting from the pound’s weakness, as the markets await industrial production figures later this morning, which are expected to show a significant further drop. Philip Lane and Luis de Guindos are expected to speak…
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UK GDP shrank by 2% compared to the previous quarter, figures released this morning show. Representing a yearly fall of 1.6%, it is not good news for the economy, but, in a small glimmer of positivity, is not…
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The pound is down this morning after figures showed the UK’s GDP to be in contraction – albeit at a slightly slower rate than forecast. The prospect of negative interest rates is raising uneasiness on both sides of…
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The good news this morning is that – in England anyway – all sorts of new freedoms are available to us. That includes being able to buy and sell property. Those of us traveling to France won’t need…
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The dollar is up against the pound, benefitting again from its status as a safe-haven currency. Trade tensions with China appear to be easing again, and there is some positivity around the economic impact of loosening lockdown. Today,…
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Euro is down against the pound this morning, after a day of being largely influenced by happenings in the UK. Also putting pressure on it is the continued dispute over the EU’s quantitative easing programme, with officials saying…
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