• Facebook
  • Twitter
  • LinkedIn
  • Google +
  • RSS feed

Moneycorp LogoDaily brief: Moneycorp

Anything better than zero would be good

Posted on: 21 February 2014

Sterling unchanged against euro and Swiss franc, and almost unchanged against USD and Northern Scandinavian crowns...

Sterling dodges unemployment uptick

Posted on: 20 February 2014

Yesterday's UK employment data receives varied coverage in this morning's papers. The Daily Telegraph trumpets that, for the first time in half a decade, wages are rising faster than prices.

An inflation miss is as good as a mile

Posted on: 19 February 2014

The Relativistic Heavy Ion Collider at Brookhaven, New York, is a giant particle physics research apparatus that will collide heavy ions with one another at close to the speed of light.

BoJ cranks up the presses

Posted on: 18 February 2014

This morning the Bank of Japan announced that it would continue its aggressive easing of monetary policy and that commercial banks would be able to borrow twice as much cheap money as before.

Stronger growth in Euroland?

Posted on: 14 February 2014

Enrico Letta stood down as premier yesterday to clear the way for his replacement, Matteo Renzi, after nearly ten months in office.

Aussie employment stumps the analysts again

Posted on: 13 February 2014

After the three largest UK political parties united yesterday to proscribe currency union with an independent Scotland it is hard not to sympathise with the Scottish nationalists who accuse Westminster politicians of bluff and bluster.

Monetary goalpost makers working flat out

Posted on: 12 February 2014

Researchers at the Nationwide building society asked 2,000 schoolchildren: "Which fish finger offers the best value for money: a) 600g packet at £2.67, three for the price of two; b) 400g packet at £2.49, two for the price of one; c) 1.5kg packet at £9.58, 50% off."

The new Boss speaks this afternoon

Posted on: 11 February 2014

In the currency world there is one sort of investor; those that don't know where exchange rates are going next and those that think they do...

GBP leading charmed life

Posted on: 10 February 2014

Supporters of traditional currencies have a dismissive view of the bitcoin, which sells for hundreds of times as much as a "pound". Like the art establishment, bitcoin aficionadi maintain that high value is justified by rarity.

Matthew 20:16

Posted on: 6 February 2014

Following a policeman's attack on the car of a South Wales pensioner, during which he smashed the windscreen with his truncheon, a court imposed a chunky £440k penalty.

One step forward or two steps back?

Posted on: 5 February 2014

After 15 years on television the quiz series "Who wants to be a millionaire?" ended last night with a final celebrity edition in which any winnings went to charity.

Manufacturing data from Britain and North Amercia disappoints

Posted on: 4 February 2014

If the dramatic reaction of investors was anything to go by, nor did anyone foresee yesterday's disappointing series of manufacturing data from Britain and North America.

Russian Ruble out of favour

Posted on: 31 January 2014

The Russian Ruble has been out of favour for some time, falling by -10% in the second half of 2013, but in the first four weeks of 2014 it lost another 6% of its value.

When the central bank’s worried, investors are worried

Posted on: 30 January 2014

A family man from Devon was incensed to find that it was £300 more expensive to stay at a child-friendly holiday camp during half term than during the weeks either side of the school holidays.

A busy time for central banks

Posted on: 29 January 2014

The media have just spotted a paper published six weeks ago in Psychiatry Research by a team at Oxford university.