While recent market focus has been centred around the growing trade wars between the US and China and the US and Europe, there are other key events taking place which require consideration. The leaders of the European Union will meet later this week with the European Council meeting on Thursday and the EU summit on Friday to discuss financial re...

2018-06-27 James Harte Read more

As is becoming a theme now, it seems each passing week heralds a new chapter in the legacy of Donald Trump’s presidency. Having remained mostly inactive for the best part of his term this far, Trump has recently opened the floodgates and unleashed a tidal wave of policy adjustments. The main focus of his policy initiatives has of course, been on...

2018-06-26 James Harte Read more
eu usa tradewar

While the key focus so far this year has been on the on-going trade disputes between the US and China, focus is now shifting back toward Europe where the outlook is darkening. Not only is Europe currently facing more political turmoil due to the on going Italian elections debacle, the EU now finds itself on the brink of a trade war with the US, ...

2018-05-31 James Harte Read more
italian elections mattarella

The Italian elections debacle has taken another plot twist this week as President Mattarella refrained from giving his support for a coalition government between the Five Star Movement and La Lega, which last week looked highly likely to happen. Mattarella blocked finance minister Paolo Savona, the finance minister, from being a member of govern...

2018-05-30 James Harte Read more
Brexit Negotiations

1 Year Left To Brexit Brexit negotiations have dominated the UK’s economic landscape over the last two years, beginning with the initial referendum in 2016 and then the triggering of exit talks last year. However, with only a year to go until the UK is set to officially depart from the EU, focus on the issue is growing further and talks are ent...

2018-04-03 James Harte Read more
Sterling

Brexit Volatility Continues GBPUSD has started the week under heavy selling pressure, as the latest political developments have seen Therese May’s Brexit negotiations sabotaged by members of her own government. Last week, traders were responding positively to news that the UK government was prepared to pay around £55 billion under the terms of ...

2018-01-25 James Harte Read more
Eurozone_Flash_PMI_3101

Summary: Eurozone flash GDP estimates show economic activity expanded 0.6% on the quarter in Q3 2017 Second quarter GDP was revised higher to 0.7% from 0.6% Inflation weakened in October as flash inflation data showed core CPI rising 0.9% and headline CPI rising 1.4% December ECB meeting will see release of the economic projectio...

2018-01-25 John Benjamin Read more
BOE GBP

Rates Unchanged But Hawkish Signals Support GBP GBP soared to fresh 2017 highs against the US Dollar today as the latest Bank of England meeting marked a further hawkish shift. Although the MPC voted 7 – 2 to keep rates on hold, there were clear indications that the bank is getting ready to raise rates. The minutes of the meeting, released alo...

2017-10-22 James Harte Read more

Parliament Approve Bill in First Vote The UK government this week moved one step closer to pursuing its mandate to withdraw the UK from the EU after the House of Commons approved PM May’s EU Repeal Bill in the first round of parliamentary voting. Receiving a majority of 32 votes, the Repeal Bill will now have to pass parliamentary scrutiny befo...

2017-09-12 James Harte Read more