Bill Mitchell: The British Chancellor cannot run short of sterling unless he chooses to do so

‘EU chief Ursula von der Leyen has signed Europe up to a humiliating, unequal trade deal with the United States. The terms dictated by Donald Trump reflect Europe’s vassal status as an increasingly junior partner […]

“A brief reflection on the latest crisis that is about to engulf the Eurozone. I am referring to the announcement by the Italian government that it will target a fiscal deficit of 2.4 per cent […]

Key findings:Flash UK PMI Composite Output Index(1) at 50.9 (Jul:52.1). 18–month low.Flash UK Services PMI Business Activity Index(2) at52.5 (Jul: 52.6). 18–month low.Flash UK Manufacturing Output Index(3) at 42.4(Jul: 48.9). 27–month low.Flash UK Manufacturing PMI(4) […]