In this episode of Freeworld News, we talk about the usual volatility with regard to the Euro, but Sanjoy explains that everything has ‘inched down a bit’. Increasingly a number of banks are for parity, €1/$1. Barclays have been saying this for a while.
The next step is going to be the ECB meeting in December, as it seems like the Draghi will announce more quantitative easing.
Furthermore, we explain that the kind of people who go to Aldi and Lidl are the kind of people who will purchases dried fruits and nuts. These supermarkets, which are increasingly, more successful are good for our trade and our business.
We also have an almond market report from Michael Stevens, in which he stresses how ‘excitable’ the market has got.