The pound rose yesterday on the news that wages are rising faster than inflation, and that unemployment has fallen. The more important data, however, will be the PMI releases on Friday. PMI, the purchasing managers’ index, is widely seen…
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The dollar remained mostly flat after a relatively quiet day yesterday, showing strength against both the pound and the euro. Donald Trump’s legal team has now issued its first formal response to the impeachment charges. The document issued…
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The euro’s had a choppy day start to the day, impacted by worries over a lack of regulation alignment between the UK and EU following Brexit. Today is a busy day, with economic sentiment figures for Europe expected…
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Sterling was in a weaker position yesterday as comments from Chancellor Sajid Javid fuelled fears about weak ties between the UK and the EU. In an interview with the Financial Times over the weekend, Javid said that there…
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It was a choppy start to the week for the pound and euro, after Sajid Javid said that there would be no alignment with European regulations after Brexit. Businesses warned that this could lead to more difficulty in…
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As we enter the last full week of the UK’s membership of the European Union, the Chancellor’s speech to the Financial Times at the weekend has made it clear that we are no longer being run by a…
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The dollar strengthened on Friday afternoon after the release of University of Michigan Consumer Sentiment figures. The report showed little change in the headline figure from December, dropping marginally to 99.1 from the previous month reading of 99.3.…
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It was a mixed end to the week on Friday, with construction figures better than last year, but not as improved as expected, and inflation largely holding steady. The main story was the ECB’s meeting mid-week, where the…
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