The UK retail sales up 1.2% in the monthly reading for October, notably exceeding the expected 0%. The September result was revised to 1.4% from 1.5%, with October being the sixth consecutive month with increases. YoY Retail Sales increased 5.8%, above the 4.2% forecast and 4.6% in September (revised from 4.7%). October’s rise is the […]
Tag: United Kingdom
Barnier Says Negotiations Suspended Because Negotiator Tests Positive for Coronavirus
Brexit negotiations have been suspended for a short period after one of the negotiators has tested positive for COVID-19, as announced on Thursday by the European Union’s chief Brexit negotiator, Michel Barnier. Meanwhile, UK chief Brexit negotiator David Frost has noted that he remains in close contact with Barnier, adding that the health of your […]
West Africa and Southeast Asia: where Valencian exports play the post-Covid future
The recovery of the Valencian economy in 2021 will be based, once again, on exports. The export sector was key to getting back on track after the 2008 financial crisis and, again, it will depend on him whether the economy recovers after the bump that the coronavirus crisis has meant. Now, after the pandemic, some […]
Barnier cancels Brexit briefings for the EU
The European Union’s chief Brexit negotiator, Michel Barnier, has canceled the Brexit briefings for the EU that were scheduled for Tuesday evening and Wednesday noon, according to Laura Kuenssberg of the BBC, via Twitter, on Thursday. “It’s just a clue, but perhaps it is a good sign that negotiators are overcoming obstacles to reaching an […]
Truss Says She Is Determined To Reach A Trade Agreement With Canada Before The End Of 2020
The UK is determined to reach a trade agreement with Canada before the end of the yearCommerce Minister Liz Truss said Thursday. He has also added that he hopes that, in the future, the UK can make much more progress in trade with Canada. “We are by no means fully focused on the trade deal […]
Dombrovskis says we are now in the last moments to reach a trade deal
The European Union is now in the last moments to reach a Brexit trade deal with the United KingdomEU Trade Commissioner Valdis Dombrovskis said on Wednesday, Reuters reported. Earlier in the day, Reuters has reported, citing two diplomatic sources, that EU negotiators will update envoys from the 27 countries in the bloc on the latest […]
UK Annualized CPI Beats Estimates 0.7% in September, GBP / USD Maintains Gains
The UK CPI rose 0.7% annually in October compared to the + 0.6% expected. The UK monthly CPI reaches 0% in October vs. -0.1% expected. GBP / USD maintains gains around 1.3265 on the release of the data. He ÃConsumer Price Index (CPI) 12-month-old Briton reached +0.7% in October, compared to +0.5% recorded in September, […]
UK and EU could reach trade deal early next week – Bloomberg
The UK and the EU are closing in on a deal for next week, Bloomberg’s Ian Wishart reported Tuesday. “As talks continue in Brussels, Officials are planning for the possibility of a breakthrough to be announced as early as Monday, though no precise day has been set.said people familiar with the discussions, “Wishart wrote. The […]
GBP / USD May Fall 5% If No Deal On Brexit – Bloomberg Survey
The The pound could fall as much as 5% against the US dollar if the UK and the European Union (EU) fail to reach a trade deal on Brexit, revealed Tuesday the latest survey of Bloomberg made to nine strategists. Outstanding conclusions: “The coin may drop to $ 1.25 by the middle of next year, […]
Prime Minister Johnson confident they will succeed without a trade deal with the EU
As the next round of Brexit negotiations begins in Brussels this week, British Prime Minister Boris Johnson’s office said in a statement Monday that confident that the UK will prosper if it fails to reach a trade deal with the EU, as reported by Reuters. “The Prime Minister has made it clear that we will […]
