By Greg Smith on Monday, June 11th, 2018
in Market InsightsGBP – Key votes on EU withdrawal bill On the political side, there are key votes on EU withdrawal bill as MPs meet on Tuesday and Wednesday. Theresa May plans to overturn amendments made by the House of Lords. There are two controversial amendments that give the most concern to the government. The first instructs the […]
By Greg Smith on Monday, June 4th, 2018
in Market InsightsGBP – Positive PMIs support sterling Last week we saw improvements in consumer confidence and manufacturing PMI, suggesting an increase in activity. There is now close to 40% chance of an August rate hike in the UK, as positive PMIs support sterling. We started the week with an unexpected improvement in the construction PMI, showing […]
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