After a better performance against the euro yesterday afternoon, the pound is down again as Boris Johnson is due to meet Angela Merkel. The Prime Minister had previously said he would not engage in shuttle diplomacy, and officially…
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The dollar has had a relatively strong start against the pound today, benefitting from the latter’s weakness over Brexit uncertainty. Donald Trump called yesterday for the Federal Reserve base rate to ‘be reduced by at least 100 basis…
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Germany’s Bundesbank’s monthly meeting didn’t make for particularly positive reading yesterday, stating that the EU’s largest economy will likely continue to contract. It pointed to a ‘downturn in industry’ largely due to falling demand from abroad and the…
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The pound is down against the euro this morning, and yesterday figures were released showing British households are more and more cautious over major purchases. The HIS Markit Household Finance Index for August showed a three-month low of…
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Concerns about the economy are holding back consumers from making big purchases, according to the latest IHS Markit figures, showing a three-month low in household confidence.
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Donald Trump has played down worries of a global economic slowdown, stating that America is ‘doing tremendously well…consumers are rich, tax cuts loaded up with money…’ His economic advisor Peter Navarro followed the same line, stating that ‘we’re…
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It’s been a choppy start to the day for the euro, with concerns over the Italian political crisis weighing down on the single currency. Matteo Salvini has called for a vote of no confidence in the Prime Minister,…
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The pound is down against the euro and dollar this morning, after a choppy week last week. This week will be a quiet one for economic releases, although we will see industrial trends on Tuesdays, which are expected…
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