Browsing Tag

europe

Orbex Market Flash

During a speech in Italy on Friday, ECB president Mario Draghi warned of the dangers of leaving the European Union. Draghi’s main message was that a country leaving the EU or the single currency would not necessarily find greater… Read More

Orbex Market Flash

The release of the ECB’s January meeting, yesterday, shed more light on concerns held by the bank. Acknowledging the severity of the recent downturn, the ECB said it will monitor "the extent to which the weaker growth momentum might turn… 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

As Theresa May continues to battle to deliver her Brexit vision, the impact of the ongoing struggle is becoming clear. GBP continued its slide against the US Dollar this morning as the latest PMI data sets for the UK came in below… 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