Richard Driver

Blog Entries by Richard Driver

Euro Enjoys Some Respite but Looks Poised for Another Decline

(0) Comments | Posted July 5, 2012 | 10:56 AM

Euro enjoys some respite but looks poised for another decline

It's been a volatile few weeks with market sentiment chopping and changing, amid several important eurozone and US developments. Despite increasingly poor US growth data, the market was deprived the decision from the US Federal Reserve to introduce quantitative easing....

Read Post

Greek Opinion Polls and the U.S. GDP Figure

(0) Comments | Posted May 29, 2012 | 2:18 PM

Greek opinion polls give the market some hope

The euro was given some relief in early Monday trading by the positive news that in Greece, the conservative and pro-austerity party -- New Democracy -- has edged ahead of the anti-bailout party Syriza in the opinion polls. If New Democracy...

Read Post

The Unexpected Retail Upturn This January is Welcome

(0) Comments | Posted February 19, 2012 | 7:00 PM

January's growth figure for UK retail sales came in at 0.9%, which is a staggeringly strong showing and well above forecasts of a 0.3% contraction. To put it into perspective, this figure represents the strongest monthly performance since last April's Royal Wedding bonanza. On the back of December's strong retail...

Read Post