Cross-party talks are continuing during the parliamentary recess in the hope of ending the Brexit deadlock. David Lidington said on Saturday that talks were progressing well, with both sides ‘testing…particular ways in which we could move forward’.
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Sterling has been stable over this weekend, as cross-party talks between the Conservative and Labour benches are set to continue. Both sides say progress is being made, with an internal deadline of ten days’ time set up to…
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The British Government has officially abandoned its No Deal planning and the No Deal planning minister has resigned (yes, there was one) saying that he was no longer needed. So you might think that the pound would have…
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The dollar strengthened briefly against the pound, as the latter drifted downward on Brexit uncertainty. The US and EU have indicated that they will soon reopen trade talks, which Donald Trump wants to use to cut the United…
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German inflation was confirmed yesterday to have reached its lowest level since April 2018, at 1.3%. This is down by 0.2% from February’s 1.5%. Meanwhile, the US and EU seem set to move forward on trade talks. France’s…
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The pound drifted downward this morning on fears of prolonged uncertainty over Brexit. An extension to Brexit alone isn’t enough to reassure the markets – a sign of certainty and an potential deal would be much more reassuring.…
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A Brexit extension with little certainty over what kind of deal, if any, will actually get through Parliament by 31st October has left the pound drifting downwards early this morning against the euro.
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The US dollar showed little movement yesterday, despite a raft of data releases. Inflation rose year-on-year slightly above expectations, reaching 1.9% instead of the predicted 1.7%. Fed policymakers say they expect Fed funds rates to remain relatively unchanged…
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