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Pound Drops as May to Set Course for Departure

17 mai 2019 Maria Gregoriou

All eyes are on Britain again as yesterday Theresa May was forced by her own party to agree on when her time as prime minister would be up. As a result of this and doubts that Britain will leave the European Union with a no deal, the Pound had its longest slide since 2000 yesterday.

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Stocks Rise as Tariffs on Auto Imports Delayed

16 mai 2019 Maria Gregoriou

Stocks saw a rise yesterday after U.S President Donald Trump decided to delay imposing tariffs on auto imports for a period that could go up to six months.

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UK Parliament to Vote on Withdrawal Agreement Bill in June

15 mai 2019 Maria Gregoriou

British Prime Minister Theresa May is planning to take the withdrawal agreement bill to MPs to vote on at the beginning of June. According to Downing Street, this plan will go through even if Labour and the government fail to reach a deal until then.

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Japan’s Economy Worsening

14 mai 2019 Maria Gregoriou


According to one of the government's main indicators, Japan's economy is deteriorating for the first time in six years.

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China Said to Retaliate as Tariffs Raised

10 mai 2019 Maria Gregoriou

U.S President Donald Trump raised tariffs on $200 billion worth of Chinese imports, taking tariffs from ten percent to 25 percent overnight.

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Trump’s Comment that ‘China Broke the Deal Sends Ripples Through Economy

09 mai 2019 Maria Gregoriou

After the U.S. President Donald Trump commented on trade talks with China at a campaign rally that "China broke the deal" U.S. stock futures dropped as much as 0.7 percent.

These comments, along with Trump stating that "they can't do that so they will be paying," also caused Asia stocks to fall and the Yan to strengthen by 0.2 percent against the Dollar.

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Brexit – Today’s Talks Could Bring About a Compromise

07 mai 2019 Maria Gregoriou

The UK government will meet with the Labour party today to define how Brexit will progress. According to Foreign Secretary Jeremy Hunt, the talks may bring about compromise even though he does not personally favour a long-term customs union This could mean that the compromise would be to put a customs union in place short-term.

These compromises may be essential, otherwise, a general election or a second referendum becomes more of a probability.

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Pork Prices Rise After Pig Virus Spreads

03 mai 2019 Maria Gregoriou

The global food chain is being shaken by a pig virus, African swine fever, that started to kill off pigs in China last summer and has now spread to Mongolia, Vietnam and Cambodia. This has sent a shock wave through the global food chain with the strengthening of the global meat market and the rising of prices.

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Bank of England in Search of New Governor

02 mai 2019 Maria Gregoriou

As Mark Carney is set to step down as governor of the Bank of England at the end of January 2020, the treasury is on the lookout for his successor.

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Mise au point du marché

  • Eurozone annual inflation up to 1.7% in March
  • China's central bank will not let yuan decline past 7 to the dollar - sources
  • European car sales drop in April for 8th straight month - ACEA
  • BOJ Governor Kuroda: BOJ may keep low rates well over year, dismisses debt monetisation
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