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
Great British Pound After a lacklustre reaction to the UK interest rate cut on Thursday and a more visceral one to the much less rosy Bank of England economic forecasts, GBP staged a recovery at the end of the week. However over the weekend a series of less than optimistic commentary on the BoE, the […]
Bank of England As expected the BoE cut interest rates by 25bps yesterday. So far so good but then the BoE departed from the script. Flat economic growth up until the end of 2024 was less of a surprise but then a new forecast for inflation +3.7% and 2025 economic growth slashed from 1.5% to […]
German Election With just 18 days to go to the German election, tensions are building. The centre right CDU whose leader Friedrich Merz is likely to be the next Chancellor is under fire for proposing a tougher immigration policy. That says his critics is similar to the far right AFD and verboten given the antipathy […]