The collapse of cross-party Brexit discussions left the pound on a weaker footing, with political uncertainty looking set to dominate the domestic outlook in the months ahead. Although the first quarter German and Eurozone gross domestic product data showed an improvement on the previous quarter this was not enough to shore up the euro. [...] Read more about: "End of cross-party Brexit talks weighs on pound"
Friday’s UK gross domestic product data proved mixed in nature, leaving the pound with limited support ahead of the weekend. Although the headline annual first quarter gross domestic product accelerated from 1.4% to 1.8% as forecast this failed to ease market worries over the underlying health of the UK economy. Investors were disappointed as the [...] Read more about: "Pound remains muted after UK gross domestic product fails to impress"
Brexit uncertainty saw the pound struggle last week as markets braced for the possibility of the UK leaving the EU without a deal, although GBP did later recoup some of its losses on signs of progress. The mood towards the euro soured significantly, meanwhile, as the German manufacturing sector saw its worst monthly performance in [...] Read more about: "Pound struggles to recover ground in spite of extended Brexit deadline"
As the last week’s raft of parliamentary votes saw the odds of a no-deal Brexit decline this helped the pound to make fresh gains against its rivals, in spite of an ongoing sense of political uncertainty. Confidence in the euro, meanwhile, eased as the latest German inflation data saw a surprise downward revision. With the [...] Read more about: "Pound struggles to maintain gains thanks to Brexit uncertainty"
Lower odds of no-deal Brexit spur pound surge The pound climbed to multi-month highs against the majors as worries over the threat of a potential no-deal Brexit eased, benefitting from the promise of additional parliamentary votes. A better-than-expected uptick in February’s German consumer price index offered support to the euro, meanwhile, as inflation in the [...] Read more about: "The pound climbed to multi-month highs"
Worries over Brexit continued to weigh on the pound, with markets unsettled by Theresa May’s decision to postpone the ‘meaningful’ parliamentary vote once again. The euro struggled to find support, meanwhile, as economic confidence in both Germany and the wider Eurozone continued to weaken. Signs of increasing reticence among Federal Reserve policymakers put pressure on [...] Read more about: "Postponement of Brexit vote hangs over pound"
UK currency was hit by fresh Brexit uncertainty and mixed economic data. Does this effect expats and french mortgages? Ask an expert…
Read more about: "Sterling rocked by Brexit uncertainty"
Fresh signs of a slowdown with the German manufacturing sector drove the euro down last week with the Eurozone now looking increasingly unlikely to recover its lost economic momentum.
Read more about: "Eurozone growth slowing down"
There are numerous costs and charges associated with the purchase of your property in France. These costs can vary depending on the type of property you are buying (off-plan, or re-sale) and by the amount of the French Mortgage you obtain from a French bank. AGENTS FEES: Generally real estate agents fees are 6% of [...] Read more about: "Costs and Charges for a French Mortgage"
