GBP/USD: A tiny little hammer yesterday adds fractionally to the bullish stance of the MACD. Chart/Levels from Analyst, Nicole Elliott – Investors Chronicle.


Seven months of serious investment in UK tech Already double last year’s tally

Data released today by Tech Nation and Dealroom shows that in the first 7 months of 2019 British-based technology companies have attracted inward investment of £5.5 billion, more than was funnelled during the whole of 2018. Most of the money came from Asia and the US and at this rate is on target to beat 2017’s record $9.4 billion. Culture secretary Nicky Morgan says, the figures ‘’endorse our reputation as one of the best places in the world to start and grow a digital business’’.

Yesterday afternoon in the Italian Senate Italy’s umpteenth Prime Minister officially tendered his resignation because Lega leader Matteo Salvini called for a vote of no confidence in the current government because he could no longer work with coalition partner 5-Star. In a blistering speech attacking Salvini – whose popularity in the polls has soared since last year’s election – the PM was joined by former premier Matteo Renzi. Now the Italian President, Sergio Mattarella can either try and form a new coalition among existing parties or call for a general election.

Financial Markets and Political Commentary


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