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
Click Here to Subscribe to the SGM-FX Newsletter
Related Insights
Daily Brief – US Trade War Tariffs
Humphrey Percy
Wed 2 Apr 2025
US Trade War Tariffs With all markets awaiting what emanates from POTUS later today, Trump has certainly achieved one aim: getting the world’s collective attention. Increasingly desperate TV pundits have spent the past hours dragging past Trade Negotiators into the studio in an effort to get them to predict what the tariffs will look like. […]
Daily Brief – De-Dollarization
Humphrey Percy
Mon 31 Mar 2025
De-Dollarization A shift away from the US Dollar with Central Bank Reserves denominated in US Dollars moving down from a high of just over 70% down to 60% in the past 20 years is note worthy but the speed of that decline makes it less striking. However there are 3 factors that are changing the […]
Daily Brief – Pairs Trading
Humphrey Percy
Fri 28 Mar 2025
Pairs Trading Back in the days when I worked in Bermuda for a hedge fund, we were always seeking stocks that were overvalued and other stocks that were undervalued having analysed both sets of historical price behaviours. Normally those stocks were in the same industry but not necessarily in the same geographic region. In the […]
