USD: April’s balance of trade report beats forecast

On a day where footage emerged showing that Trump was unable to remember the words to ‘God Bless America’ at a patriotic event he had commissioned, the US’s trade balance for April beat forecast. It had been expected to show a $49 billion deficit, but it actually...

EUR: third estimate of GDP growth rate released today

What a difference a few days can make to the economic climate of an area! Since the turn of the year, the eurozone’s economic data releases have been faintly underwhelming and built a picture that appeared at odds with the European Central Bank’s economic projections....

GBP: May can’t confirm publication of Brexit white paper

With no major economic data releases from the UK yesterday, any currency movements were likely to be a result of events elsewhere. Sterling weakened against the euro following some extremely positive PMI data from Germany and the eurozone, but it did manage to climb...

World Bank warns of 2008-level crisis

Earlier this week, the World Bank published its latest global economics report and it makes for harrowing reading. The Washington-based organisation uses conservative estimates to measure the risks to the world economy as a result of rising economic nationalism, and...
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