Weekly Market Summary – 10th November 2019

Some US tariffs on China are likely to remain in place even in the event of a trade deal, the US has indicated.US President Donald Trump told reporters that China was pushing for the removal of some tariffs as part of an agreement, but he said a “complete...

Weekly Market Summary – 3rd November 2019

US employment was more resilient than expected in October despite the impact of strike action at General Motors.Companies added 128,000 new jobs, ahead of a forecast 85,000 rise, during a month when thousands of workers walked out at the carmaker.The unemployment rate...

Weekly Market Summary – 27th October 2019

The Liberal Democrats and the Scottish National Party have joined forces to back a change in the law to try to trigger a general election in December, which would give Boris Johnson the snap poll he has been demanding. The prime minister has proposed holding an...

Weekly Market Summary – 21st October 2019

The pound has fallen by up to a cent against the US dollar after financial markets gave their first reaction to Saturday’s events in parliament that saw MPs demand a further Brexit delay.The decision, by the government, to pull a vote on the prime minister Boris...

Weekly Market Summary – 13th October 2019

Sterling surged on Friday to a three-month high amid investor optimism about a last-minute Brexit deal between Britain and the European Union. Against the dollar the pound rose 1.9% to $1.2682, and against the euro was up 1.67% at €1.1489.The currency has rallied more...

Weekly Market Summary – 8th October 2019

The US unemployment rate has fallen to a 50-year low, possibly easing recession worries after recent weak economic data. The Labor Department figures showed that the rate fell to 3.5% in September from 3.7%, with the economy adding 136,000 jobs last month. In...