Weekly Update 28th June 2019
GBP: Hard Brexit fears prevail Sterling celebrated the third anniversary of the EU membership vote by tuning in to the selection process for the third prime minister since the referendum.
Weekly Brief 16th November
GBP As Harold Wilson remarked in the run-up to the 1964 election, ‘A week is a long time in politics.’ It probably seems like that to PM May after a
€125 million enters Portugal in people’s luggage every year
An average of €125 million arrives in Portugal in hard cash in people’s baggage every year, reports tabloid Correio da Manhã, most of it from Cabo Verde, Angola, South Africa
CGD ‘horror stories’ fill Portuguese news as finance minister (and PM) end up with egg-on-face
With horror stories of alleged dodgy dealings, debts sanctioned to the tune of hundreds of millions of euros and meetings organised to ‘change the law’ in directors’ favour, State Bank
EUR Weekly update
There were more than a few shocks and surprises to unnerve investors, notably the attempted coup in Turkey and the International Monetary Fund’s downgrade of its forecasts for global growth.
Random check reveals €1 million stashed in car boot at Spanish frontier
Spanish police have launched a money-laundering probe after a random roadside check uncovered a car boot “full of money”, totalling a dizzying €1 million. The various bundles were found at
EUR weekly update
The Euro has gained favour over the course of the week, partly on improving Eurozone economic conditions but also by default as the US dollar declined to an 11 month
EUR update
A change of fortunes this week with the British pound gaining ground against the single currency as the week progressed. Bank of England Governor Mark Carney was keen to share
Euro Weekly
The European single currency started the week well against both the US dollar and the British pound, although the recent high’s soon gave way to profit taking and a rather
EUR weekly
The euro continues to trade higher against both the US dollar and the British pound, despite the obvious weakness of the Eurozone economy and the very accommodative nature of the