The dollar is strong this morning against a basket of currencies, as President Trump and President Xi Jinping have reached a trade war truce. Trump said he would hold back on new tariffs, whilst Xi agreed to China…
Read more
›
It’s been a mixed morning for the eurozone so far, with German manufacturing PMI exceeding expectations, but French and Italian figures coming in slightly lower than the markets had thought. German retail sales tomorrow will give us a…
Read more
›
The pound has started the week on a mixed footing, up against the euro and down against the dollar. Its volatility still stems from fears of a no-deal Brexit and uncertainty in Parliament. Jeremy Hunt, generally seen as…
Read more
›
Brexit fears are continuing to weigh on the pound, after Jeremy Hunt said Brexit would be ‘worth’ the risk to the economy. Today, he will outline his no-deal strategy, including cutting taxes and business rates.
Read more
›
The dollar is weak against both the pound and the euro as the G20 summit has got underway. President Trump and President Xi Jinping are due to meet tomorrow to discuss ongoing trade issues between the two countries,…
Read more
›
It wasn’t a positive day for the eurozone yesterday as business confidence figures dropped to their lowest levels since 2014. Production expectations, export order books and stock levels all showed negative figures.
Read more
›
The pound is down against the euro this morning and stronger against the dollar. Sterling seems to be benefitting momentarily from the dollar’s weakness, however it is still feeling the pressure of a possible no-deal and the uncertainty…
Read more
›
The pound is up this morning against the dollar, which has weakened amid worries over the outcome – or lack thereof – from the G20 summit. The eurozone saw a particularly poor day for economic releases yesterday, with…
Read more
›
