Harpers Wine & Spirit Trade News

Sterling strengthens against euro

Published: 19 June, 2012

Sterling strengthened by one cent against the euro yesterday as the mild euphoria surrounding the Greek election results on Sunday quickly faded away.

Warren Adamson of Craggy Range on NZ vintage

Published: 15 June, 2012

Warren Adamson, market director for New Zealand winery Craggy Range, gives his views on the country's latest vintage report, which shows yields down 18%.

Smaller New Zealand harvest could spell end of deep discounts

Published: 15 June, 2012

New Zealand Winegrowers is "relaxed" about an 18% fall in the harvest this year - the body had anticipated the crop to fall by up to 25%.

Sterling has mixed week as risk appetite fluctuates

Published: 15 June, 2012

Sterling had a mixed week staying fairly range bound against the majority of currencies as risk appetite and risk aversion fluctuated.

Sterling had poor day yesterday, but remained flat against US dollar

Published: 14 June, 2012

Sterling had a poor day yesterday, weakening against the majority of currencies but remaining fairly flat against the US dollar.

Sterling strengthens as 'slight' UK growth predicted

Published: 13 June, 2012

Sterling strengthened by one cent against the euro and the US dollar yesterday as estimates from the National Institute of Economic and Social Research GDP suggested UK saw a slight growth of 0.1%.

Spanish bailout weakens sterling against euro

Published: 11 June, 2012

The bailout of Spanish banks over the weekend to the tune of €100bn led to the sterling opening half a cent weaker against the euro and nearly one cent stronger against the US$.

Sterling has volatile week

Published: 08 June, 2012

Sterling had a fairly mixed week with significant and rapid movements during the course of a day.

Sterling strengthens against US dollar

Published: 07 June, 2012

Sterling had a mixed day yesterday, weakening off against the commodity backed currencies, but strengthening against the safe havens such as the US dollar as risk appetite returned.

Sterling weakens against euro

Published: 06 June, 2012

Sterling weakened against the majority of currencies last week and in particular against the euro as the Manufacturing Purchasing Managers' Index (PMI) came out worse than expected.

Sterling ends week poorly against dollar and yen

Published: 01 June, 2012

Sterling had a fairly poor week weakening against the US dollar to a four month low and dropping against the Japanese yen to a 14 week low.

Sterling continues slide against dollar and yen

Published: 31 May, 2012

Sterling continued to weaken off to a four month low against the US dollar and a three month low against the Japanese yen.

Sterling weakens against dollar and yen

Published: 30 May, 2012

Sterling weakened against the US dollar and Japanese yen dropping to a ten and fourteen week low respectively.

Sterling strengthens against dollar and yen

Published: 29 May, 2012

Sterling strengthened slightly against the US dollar and Japanese yen yesterday.

UK retail sales decline and euro hits 22 month low

Published: 24 May, 2012

Sterling strengthened against the euro, however data released yesterday showed a sharp drop in retail sales figures to -2.3% when only a -0.8% figure was expected.

Sterling drops to two week low

Published: 22 May, 2012

Sterling was fairly range bound yesterday as very little data was released globally - but it weakened to a two week low against the euro.

Chianti classico could have own 'icon' wine

Published: 18 May, 2012

Chianti classico's governing body is considering proposals to introduce an "icon" top-level wine above riserva.

Guala launches screwcap closure for sparkling wine

Published: 15 May, 2012

Guala has launched Viiva, a screwcap closure for sparkling wine.

Sterling kept range bound as BRC retail sales monitor drops

Published: 10 May, 2012

Sterling has been kept fairly range bound against the majority of currencies after the British Retail Consortium retail sales monitor dropped to -3.3%.