Browsing Tag

eu

Orbex Market Flash

The latest CPI data this week has once again highlighted a loss of momentum in the UK economy. The data comes after a weaker than expected Q4 2018 GDP print and a BOE 2019 growth outlook that was revised sharply lower. There was also the… Read More

Orbex Market Flash

Alongside the weaker than anticipated GDP print released yesterday, GBP was weighed down by data which showed a widening of the UK trade deficit in December. The total trade balance for the UK over the final month of 2018 fell to -12100… Read More

Orbex Market Flash

Following the heavy downward revision to the Bank of England’s own growth forecasts at its first meeting of the year last week, the latest GDP figures have done little to persuade the market that the BOE was wrong. Brexit Uncertainty… Read More

Orbex Market Flash

Three days of talks commence today between government officials, the Alternative Arrangements Working Group and both Leave and Remain MPs. The talks follow on from the parliamentary vote last week which approved an amendment to the… Read More

Orbex Market Flash

The latest German data highlighted further weakness in the eurozone’s strongest economy. The Ifo index, a key leading indicator, printed its fifth consecutive monthly drop in January, falling to 99.1 from the prior 101 reading in December.… Read More