Sterling and the euro gain against the dollar thanks to cooling US inflation September 13, 2018 Sterling and the euro have risen against the dollar as they received an unexpected boost from US inflation. The “disappointing” inflation reading saw the dollar sink against the pound and euro, meaning sterling climbed to 1.31 against the dollar, its highest since late July, while the euro reached 1.17. Read more: Barclays: Trump impeachment wouldn't [...]
Sterling and the euro gain against the dollar thanks to cooling US inflation September 13, 2018 Sterling and the euro have risen against the dollar as they received an unexpected boost from US inflation. The “disappointing” inflation reading saw the dollar sink against the pound and euro, meaning sterling climbed to 1.31 against the dollar, its highest since late July, while the euro reached 1.17. Read more: Barclays: Trump impeachment wouldn't [...]
US jobs up by 201,000 as unemployment remains low September 7, 2018 The US added 201,000 jobs last month and the unemployment rate remained steady at a historic low of 3.9 per cent, new data has revealed. Job were gained in professional and business services, healthcare, wholesale trade, transport and warehousing, and mining, according to the US jobs report published by the Bureau of Labour Statistics today. [...]
Ten events that could move stock markets in the final quarter of 2018 September 7, 2018 As many northern hemisphere investors get their feet back under their desks after the summer break, we look at the key events and themes likely to be on the agenda for September and the fourth quarter of 2018. 1) Global trade negotiations The US and China held fresh, and largely fruitless, trade talks in August. [...]
Why is Boris Johnson taking his punishment beating from Downing Street rather than trumpeting an alternative Brexit plan? September 6, 2018 At the start of this week Boris Johnson was slapped down by Number 10 for failing to come up with an alternative Brexit plan, with officials saying his anti-Chequers newspaper column “offered no new ideas to respond to”. Just as he did during the fallout from a previous column about the burqa, he has taken [...]
Exclusive: ERG pulls back from publishing Brexit plans September 6, 2018 The pro-Brexit group of MPs the European Research Group has decided to pull back from publishing the first of its series of alternative proposals this weekend, City A.M. has learned. It had been widely reported that the ERG's alternative to Theresa May's Chequers proposal was to be drip fed throughout the month, starting on Sunday, [...]
Green is the new gold…and emerging markets are flashing red September 5, 2018 Forget Gold. The greenback is the new safe haven of choice for investors seeking refuge. They are flocking to the US dollar en masse every time geo-political and trade tensions push them to make a defensive move while bullion lags behind. But this is bad news for emerging markets and here is why…. As the [...]
DEBATE: Would it be beneficial for the UK economy if Mark Carney stayed on as Bank of England governor? September 5, 2018 Would it be beneficial for the UK economy if Mark Carney stayed on as Bank of England governor? Katrina Usita, an economist at OMFIF, says YES. Uncertainty is the UK economy’s greatest problem. Mark Carney’s willingness to extend his term as Bank of England governor for another year assuages some of that, at least in [...]
Masternodes: A Crypto asset you need to know about! September 4, 2018 Master what?’ is a common reaction from crypto investors when they first hear about Masternodes. Yet these new crypto assets, which provide a reliable passive income, have experienced tremendous growth and are set to become the underlying infrastructure of the crypto economy. Last October there were just 30 cryptocurrencies that supported Masternodes, while today there [...]
Sam Torrance: European Ryder Cup captain Thomas Bjorn is facing his day of reckoning August 27, 2018 Thomas Bjorn is facing a tricky time as his plans for the European Ryder Cup team begin to solidify. This week’s Made In Denmark tournament is the last event that counts towards qualification; a few days after that, Bjorn will name his four captain’s picks. He will consider the assets of all the potential candidates, [...]