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So far worldwideNews has created 3 blog entries.

November 2020

Daily Report: 18th November 2020

2020-11-23T08:51:58+00:00

Although some reports suggest that a post-Brexit trade deal with the EU could be agreed to by next week, others have indicated that there is a risk of talks breaking down over the main sticking points such as fisheries. This held the Pound back from making any significant gains yesterday although the market remains cautiously optimistic. This morning, UK consumer price index inflation beat the market’s expectations at 0.7% which has given the Pound a boost against both the Euro and Dollar. This could delay negative interest rates potentially being introduced by the Bank of England for now. [...]

Daily Report: 18th November 20202020-11-23T08:51:58+00:00

October 2020

Daily Report: 12th October 2020

2020-10-12T09:13:43+00:00

Prime Minister Johnson has started talking to EU leaders to ease tensions regarding a no-deal Brexit with neither side willing to compromise on fisheries and competition. Brexit talks resume this week with the 15th October the self-proclaimed deadline for coming up with an agreement. In addition, Johnson is due to announce stricter lockdown measures for the majority of the North of England. Nonetheless, the Pound has made gains against both the Euro and the Dollar. ECB Chief Economist Lane has suggested that the increasing number of virus cases during the second wave is putting the Eurozone’s economic [...]

Daily Report: 12th October 20202020-10-12T09:13:43+00:00

May 2020

Daily Report: 21st May 2020

2020-05-21T09:22:34+00:00

The Pound has weakened after Bank of England Governor Bailey refused to rule out introducing negative interest rates in the UK, saying that they are actively reviewing it. In addition, EU chief negotiator Barnier has written to his UK counterpart Frost to warn him not to expect a trade deal that is similar to other countries such as Canada. Yesterday, discussions took place between the two parties about how to implement the special status of Northern Ireland with the UK conceding that checks at the NI border will need to take place. Minister Gove has commented that [...]

Daily Report: 21st May 20202020-05-21T09:22:34+00:00
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