Day

January 9, 2019
Brexit Rumors No Help to Sterling Though currently lower, the Pound continues to trade close to a 1-week peak versus the US Dollar. Currency strategists say that the Brexit debate and Parliamentary vote which will take place next week will dominate Sterling trade until then. Analysts still feel that Theresa May will fall short of...
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Daily Insights U.S. non-manufacturing misses, but still strong. ISM’s non-manufacturing index registered a five-month low of 57.6 for December, missing consensus forecasts for 58.5. Much of the decline in the overall reading can be attributed to a drop in inventories and employment. However, an uptick in new orders, to 62.7, shows that future activity in...
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