While today is relatively quiet in Europe, there are some important figures coming out of the US. GDP growth is expected to show an annual rate of 2.3%, a positive figure but slightly short of Trump’s target of…
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Euro is relatively stable against the pound today, as much of the focus is on any potential breakthrough in the UK’s cross-party Brexit talks. It’s been a relatively positive week for the Eurozone so far, with the percentage…
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It’s been a relatively quiet week for sterling, although there was positive news on Wednesday as the UK deficit hit a seventeen-year low. Yesterday, the government ruled out the possibility of a second Scottish independence referendum yesterday, helping…
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Today is relatively quiet in the UK and Eurozone, with most focus on the US’ economic releases. GDP growth is due at 1:30pm BST, and is expected to show an increase quarter on quarter – although still slightly…
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The global economic slowdown doesn’t to be much affecting the US, as strong economic releases helped to strengthen the dollar against the pound. Tech earnings showed positive results yesterday, while there are rumours of the Federal Reserve changing…
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Euro weakened yesterday evening as the Ifo business climate index for Germany fell 0.5 points, missing market expectations of 99.9. It looks like the upswing last month wasn’t necessarily the start of a positive trend.
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Sterling saw a small upward tick yesterday evening against the euro, as German economic data failed to meet expectations. This came despite greater concern over the state of cross-party talks – and performance in the upcoming European elections.
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Euro saw a slight downward trend against the pound and dollar yesterday evening, as German business climate figures came in below expectations. Movement is still muted in the pound, however, as the markets wait for any sign of…
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