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
Germany With the increasingly uncomfortable news for Germany that German inflation is running at almost a 50 year high at 8.8%, it is becoming clear that calls for a modest rise in Euro interest rates in September are not going to cut it for the more hawkish Northern European members of the ECB who […]
UK Retail Sales Up 2.3% in July breaking the previous 3 month down trend due to purchases of summer clothes, picnic equipment and electric fans to cool consumers down. The last category could usefully be directed towards inflation which now stands at 9.4%. GBP/USD 1.2110. Spain As some of our readers will […]
A little sensitive Last week saw some of the most volatile conditions for the Euro we’ve seen in a long time. During the stronger than expected interest rate hike announced on Thursday the Euro spiked reclaiming recently lost ground versus the US Dollar. However, the fun didn’t last long. During the press conference the […]