Rebecca Harding (CEO)

Beware the Ides of March: reasons why the final Brexit countdown may not start just yet

Dr. Rebecca Harding CEO, Coriolis Technologies Another week, another set of deadlines. The Governor of the Bank of England, Mark Carney’s, “Fog of Brexit” is unlikely to clear in the week ahead. On Tuesday there should be another meaningful vote in the House of Commons on Theresa May’s Brexit deal. There is every likelihood that she will be defeated, if the vote goes ahead. If this happens, there will be a vote on the 13th March, presumably after Philip Hammond’s…

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Confidence tricks?

Why economic data will show that there is no room for complacency Dr. Rebecca Harding, CEO It seems the world has dodged the first bullets in a full-blown trade war. However predictable this was, the news that the US and China were agreeing Memoranda of Understanding on a range of trade issues has been greeted with an increase in the trade-weighted value of the US dollar and a sigh of relief around the collective board rooms of corporates and financial…

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Business as usual until it’s not usual?

Dr. Rebecca Harding, CEO The last week of February could be a defining week for global trade. In the US, Donald Trump has extended the deadline on the imposition of tariffs on Chinese goods. Meanwhile, in the UK, we could see the UK Parliament taking control of the Brexit process. At the end of last week, the US President, Donald Trump, signalled his willingness to delay the process of imposing tariffs. There is no “magical date”, he tweeted, and, a…

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Uncertainty over trade, Brexit and wider geo-economic risks are starting to influence sentiment

Dr. Rebecca Harding, CEO Two news stories last week illustrated just how fragile the world of trade is at the moment which will show themselves in the economic data this coming week. No, these were not Brexit or US-China trade stories; defeat of Theresa May’s Brexit strategy on the 14th February did not especially bother markets, nor did the extension of US-China trade talks in Beijing create a particular boost. The uncertainty around both are largely priced in at the moment…

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US-China trade talks: no end in sight

Dr. Rebecca Harding, CEO As US-China trade talks resume this week, the spectre of global trade disintegration on nationalistic grounds looms ever larger. There is one month to strike a deal between the two countries before the 90-day ceasefire in tit-for-tat rhetoric expires. At stake is $200bn of Chinese exports to the US which will have tariffs of 25% imposed on them, as opposed to the 15% now. The Trump administration’s demands are that China buys more US goods, make…

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