by Christopher Nye | Sep 8, 2021
The pound suffered yesterday and is still struggling this morning against both the euro and the dollar after the UK government announced a new 1.25% health and social care tax, designed to raise £12bn a year. Economists worry that this rise will hamper the UK’s...
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by Christopher Nye | Sep 8, 2021
Firstly, what better day than when our London office will be basking in 30°C to remind you of The Luxury Ski Show? Well, mountain homes are pretty wonderful in a heatwave too. It’s a “virtual” property and lifestyle exhibition that Smart are...
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by Christopher Nye | Sep 7, 2021
The dollar had a positive day yesterday, beating almost all major currencies. However, the improvement was only slight and the dollar remains well down so far this month. There were no data releases yesterday, being Labor Day, or today, but the fallout from Friday’s...
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by Christopher Nye | Sep 7, 2021
The single currency had a positive day against sterling while slipping slightly against USD, in a decidedly mixed day for data and ahead of an interest rate decision in two days time. In Europe’s largest economy, construction PMI slipped badly in Germany, to 44.6,...
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by Christopher Nye | Sep 7, 2021
Sterling starts the day slightly on the back foot against EUR and USD, but only slipping part way back towards last Tuesday’s position. Yesterday’s Construction purchasing manager’s index (PMI) came in slightly below expectations at 55.2, compared to last month’s 56.5...
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