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
 

Tags

, , , , , , , , ,

Related Posts

About the author

High profile, trusted, veteran Technical Analyst with over 25 years’ banking experience. Key expertise in all areas of Treasury, especially foreign exchange, derivatives, fixed income and commodities. Acknowledged for personal contribution to new developments in the industry. Well regarded by the media for provision of accurate forecasts, succinct copy and entertaining sound bites. Thrives in dealing room environments – excellent interpersonal skills and a strong communicator with extensive business contacts. Looking for suitable and interesting opportunities.