Euro Weekly 8 June 2018

Manufacturing PMI came in at 54.4, half a point higher on the month and nearly a point above forecast. Sterling strengthened by an average of 0.6% after the announcement and

June 11, 2018by Portugal Resident

Euro Weekly 1 June 2018

The end of last week brought two important and apparently contradictory UK ecostats which meant the pound had a mixed reaction. First up was April’s retail sales, which were supposed

June 1, 2018by Portugal Resident

Euro Weekly 25 May 2018

It was a busy week for the pound. Public sector borrowing in Britain was less than forecast for April while the CBI’s Industrial Trends Survey showed an unexpected slowing in

May 25, 2018by Portugal Resident

Euro Weekly 18 May 2018

The pound was this week boosted by the potential certainty arising from the imminent government White Paper on Brexit. In addition, the previous month’s employment data gave some hope. Total

May 18, 2018by Portugal Resident