Robust new home sales figures helped to boost the dollar against the pound and euro yesterday. Forecast at 647k, they came in slightly higher at 692k, in more evidence of the relative strength of the American economy right…
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Consumer confidence dropped in April, with index figures coming in below expectations, at -7.9 instead of .7. It breaks the upward trend of the past four months, which has seen it go from -8.3 to -7.2. It could…
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Sterling weakened to a two-month low yesterday amid disillusionment over the state of cross-party talks on Brexit. The Financial Times claims that Theresa May is planning another vote on her Brexit agreement within the next ten days, as…
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The pound has weakened on rumours of stalling Brexit talks. The Financial Times says that Theresa May is planning to hold a further vote in ten days, as progress on cross-party talks is not yet forthcoming.
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Over the past month the pound has slowly collapsed in on itself, like a chocolate egg left in a car on an unseasonably warm Easter weekend. This is not really what the markets were expecting.
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The dust began to settle after the Mueller Report, and President Trump was able to celebrate Easter in the traditional way, with a man dressed up in an Easter bunny outfit at the White House Easter egg roll.
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The single currency’s steady rise against sterling over the past three weeks continues to belie the Eurozone’s poor economic performance and political troubles. The national calamity of Notre Dame burning down failed to unite France, with the gilets…
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The pound continued its slide against the euro yesterday while the London markets were closed, slipping by around 30 pips. The causes of renewed uncertainty are entirely based around politics, since the economic data continues to stack up…
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