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Moneycorp LogoDaily brief: Moneycorp

More calm

Posted on: 20 October 2014

Yuko Obuchi has stepped down as Japan's trade and industry minister after accusations that she misused campaign donations.

Headless chickens

Posted on: 16 October 2014

A couple of days ago Guy Debelle, the assistant governor of the Reserve Bank of Australia, gave a prescient speech about "Volatility and Market Pricing".

Rate increase? What rate increase?

Posted on: 15 October 2014

A chap's addiction to Google glass (a tiny computer attached to his spectacles) is widely reported this morning.

Rate bets put back

Posted on: 14 October 2014

Sterling lost ground to every one of the other dozen most actively-traded currencies on Monday, falling by an average of -0.6%.

Sand-bags in demand

Posted on: 10 October 2014

A soft-drink manufacturer is paying $13m to settle a class action because the beverage does not literally give you wings.

Interpreting the Fed

Posted on: 9 October 2014

A £1-for-everything shop has been taken to task for charging considerably more than that for some of its merchandise.

All eyes on sterling again

Posted on: 7 October 2014

Since the Northern Rock bank collapsed in 2007, paying more than €1.28 for the pound has been a fool's errand for all but the shortest-term holders.

Disappointment all round

Posted on: 3 October 2014

A survey by Pew Research Centre shows Americans are more knowledgeable about the world than Europeans like to believe.

ECB ABS

Posted on: 2 October 2014

The only major stock indices not to suffer an overall fall yesterday were those in Copenhagen, Moscow and Shanghai, and even they only managed to hold steady.

Subjectivity trumps the ecostats

Posted on: 1 October 2014

Somebody at a supermarket mistakenly put a sales-training poster in the shop window. The poster exhorted staff to "encourage customers to spend an additional 50p".

Euroland consumer prices top the bill

Posted on: 30 September 2014

In the last three weeks the Brazilian real has fallen by -8.5% against sterling and the US dollar. Over that period the next worst performers were the antipodean dollars, which fell by a percentage point less than that.

Kiwi drops

Posted on: 29 September 2014

There was not a surprise to be found among Friday's economic statistics. German consumer confidence and Italian business confidence waned, French consumer confidence was steady, US consumer confidence improved and US gross domestic product expanded by 1.2% in the second quarter of the year.

UK rate increase “is getting closer”

Posted on: 26 September 2014

The NZ dollar suffered a third day of battery, losing a cent and a quarter to sterling.

Expect the unexpected

Posted on: 25 September 2014

The mindless pursuit of fashion can be expensive and frustrating. Folk who dumped last year's phone and splashed out on the latest one, because it's so hip, cool and trendy, discover it bends and doesn't work.

Ooh, that was close!

Posted on: 24 September 2014

England's football League Cup has an identity crisis. Over four decades its name has changed seven times; linked variously with drinks, shops and latterly credit cards.