Articles Archive for November 2019
Budget, Currencies, French News »
UK service sector growth slumps to 40-month low. The pound slumped at the end of last week as markets were left disappointed by the UK’s latest PMI figures.
Brexit, Budget, Currencies, French News »
An unexpected deterioration from the UK services PMI left the pound on a weaker footing as worries over the fourth quarter growth outlook mounted.
Brexit, Currencies, French News »
An unexpected shift towards dovishness from the Bank of England (BoE) saw the pound come under renewed pressure ahead of the weekend Increasing concerns over the health of the German economy limited the appeal of the euro, with the industrial sector remaining under pressure thanks to global trade worries. Growing doubts over the likelihood of [...]
Brexit, Currencies, French News »
The former October Brexit deadline slid by on Thursday with the UK still a member state of the European Union thanks to a three-month extension granted by EU leaders. Despite Prime Minister Boris Johnson’s mantra that the UK would leave the European Union, do-or-die, on October 31, the deadline came and went without incident, offering [...]