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Moneycorp LogoDaily brief: Moneycorp

Markets ignore Russia sanctions

Posted on: 18 March 2014

America has named the targets of its sanctions following the Kremlin's annexation of Crimea. Another handful of names has been put forward by the EC.

Rand rates to rise further

Posted on: 17 March 2014

In order to reduce atmospheric pollution, motorists with even-numbered registration plates will not be allowed to drive in Paris today.

Vote no

Posted on: 14 March 2014

Sterling did not spend much time in contact with €1.20 on Thursday but at least it did strengthen by a third of a cent against the euro, contrary to its unloved appearance as London opened.

Sterling still struggling

Posted on: 13 March 2014

Two members-only websites, which cater for the needs of mere millionaires who feel inadequate about their wealth, are together recruiting for a new position.

Kiwi expected to take a hike

Posted on: 12 March 2014

Mr Kipling intends to drop an advertising slogan that has been in use for nearly half a century. Henceforth, he will no longer make exceedingly good cakes.

GBP out of favour

Posted on: 11 March 2014

If investors could have cared less about sterling yesterday they didn't show it. It was not the severest whipping ever dished out to the pound but it was the most painful so far this year.

US and Canadian jobs diverge

Posted on: 10 March 2014

A group of fugitives sent the Loonie lower on Friday afternoon. Having expected to see a 15k increase to Canadian employment in February, investors were disappointed to see that 7k jobs had disappeared and that the rate of unemployment was unchanged at 7%.

US payrolls are the only game in town

Posted on: 7 March 2014

The creation of the bitcoin virtual currency is attributed to Satoshi Nakamoto who, until now, has been thought to be the pseudonym of the group that wrote the algorithm which manages it.

So is deflation a threat?

Posted on: 6 March 2014

After a quiet start to the year the food police are back in action. The last couple of days have brought calls to ban sugary drinks and high-protein foods because they are bad for you.

Panic over

Posted on: 5 March 2014

La Fédération Française des Trufficulteurs is dedicated to the growing and marketing of that most furtive of fungi, the truffle. Being French, it is fiercely protective of its products, not least because they sell for a lot of money; over £400 per kilogramme according to this morning's papers or £1,687/kg on Amazon.

Dull day in prospect, Putin permitting

Posted on: 4 March 2014

The governor of the Reserve Bank of Australia has been relatively muted recently in his remarks about the overvaluation of his currency but he can't help himself

A 15-PMI day; count ’em…

Posted on: 3 March 2014

Unemployment in Sweden is currently running at 8.6%, with 4,619,000 people out of work. Some 61,000 of them are registered with the job centre in Stockholm.

Movement in all the wrong places

Posted on: 28 February 2014

In the aftermath of the global financial crisis regulators declared open season on the banks. They saw them as potential cash cows that could be milked without fear of recrimination by voters...

What glass ceiling?

Posted on: 27 February 2014

Researchers asked 570 people what they most disliked about "modern life". The runaway winner was the machine that says "unexpected item in the bagging area" but a surprising number of people detest plastic cups with almost equal venom.

Today’s topic; the UK economy

Posted on: 26 February 2014

The Independent newspaper reveals statistics from the Wine Institute, which show that the highest annual consumption is in the Vatican City where the 836 residents apparently imbibe 74 litres of wine per capita.