Not just a feeling but an index compiled from key services and industry and consumers by the European Commission in yesterday’s November release shows better sentiment well actually less negative sentiment in most cases, across the board. This is against the backdrop of almost flat-either small negative or positive- economic growth across all of Europe. EUR/USD remained flat and on a narrow range yesterday with quieter than usual trading conditions due to the US Thanksgiving Holiday.
At its lowest level for 6 years as at June 2019 the annual figure was 212,000 which is a closely watched statistic given that immigration is one of the key topics in the General Election currently overshadowing/gripping/transfixing/convulsing the UK depending on what tabloid newspaper you read.
Breathless fan SGM-FX’s James can barely contain himself with the girls due to appear tomorrow on X Factor which is Top Secret by the way…except that Louis Walsh had not listened (WHAT?) and let it out of the bag earlier this week.
Their best known songs as you will doubtless recall are Stickwitu and Dontcha if you can remember as far back as 2010 when the band split up. Tomorrow, James will have to make do with only 5 out of the 6 Pussycat Dolls as Melody Thornton has declined to appear due to a dispute with Nicole Scherzinger over a share of the lead vocals-Nicole has 95% of them- miaow!
Discussion and Analysis by Humphrey Percy, Chairman and Founder
British Pound With a GBP 4 billion auction of 10 Year Gilts today, markets are watching carefully as higher long term rates put pressure on the UK Chancellor and GBP bounces around between USD 1.21 and 1.22. After 6 consecutive trading sessions with GBP weaker and a low of 1.2097 which has taken its toll, […]
Europe With EU annual inflation coming in at 2.4% up from 2.2%, conventional wisdom might suggest that that might dampen the ECB’s enthusiasm for an early cut in EUR interest rates at the end of January. But such is the weakness pervading the EU economies, it is more likely that the hawkish tendencies at the […]
Most Valuable Currencies in the world as at January 2025 Not a surprise that the Kuwaiti Dinar at $3.24 tops the league table nor that the Bahraini Dinar $2.65 and the Omani Riyal at $2.59 are also in the top 5. But maybe UK Chancellor Reeves should pay more attention to the magnificent legacy for […]