Rolling coverage of the latest economic and financial news
- Latest: UK factories report weak orders and output
- Introduction: Can policymakers avoid recession?
- Germany could be sliding into recession
- Trump demands big US interest rate cuts
The early rally across Europe’s stock markets is fading.
You can sense the summer lull, with the FTSE 100 now up just 2 points (0.04%), and Germany’s DAX down eine kleine 5 points (-0.05%).
Cable – worth a look at 1.2050 methinks pic.twitter.com/aQeSBfNz89
This chart will not please Donald Trump — it shows the dollar has reached its highest level in around 17 years.
Broad trade-weighted dollar has taken out its 2002 high … will weigh on economy (especially exporters) & corporate profitability pic.twitter.com/qwR84lMgjH