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Merkel says German economy is in good shape

hamzah 6 10月的订阅  在 #Trader's blog
German chancellor speaking to BDI lobby group in Berlin 6 Oct
  • Brexit is a headwind
  • German industry to be applauded for being open in turbulent times
Merkel buttering up German industry chiefs.
  • sees room for modest tax relief
  • big challenges lay ahead
  • balanced budget is a necessity not a fetish

Something about having the words "fetish " and "Merkel" in the same post is making me a little queasy.
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Theresa May takes aim at businesses and elites

hamzah 5 10月的订阅  在 #Trader's blog
Listen to this rhetoric from the UK Prime Minister
Theresa May today said "change has got to come" to Britain and that she's going to make it.
The location of the comments made a statement too. It wasn't a an organized labor meeting or to students, she spoke at the Conservative Party conference; suggesting it's a real priority.
"If you're a boss who earns a fortune but doesn't look after your staff; an international company that treats tax laws as an optional extra; a household name that refuses…
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EURopean equities open firmer 4 Oct

hamzah 4 10月的订阅  在 #Trader's blog
Positive tones as European markets get underway 4 Oct
  • FTSE +0.65% near session highs as GBP falls. Exporters finding favour.
  • DAX +0.55%
  • CAC40 +0.45%
  • FTMIB +0.5%
  • IBEX + 0.5%

FTSE now at highest level (7032.56) since May 2015
we don't quite get the exporter/lower GBP correlation so strongly as others .
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