· *The European cross moves higher to the mid-0.8800s.*
· *Brexit jitters keep weighing on the British Pound.*
· *Resignations in May’s Cabinet triggered the sell off in GBP.*
The ongoing and.. Credit: FXstreet.com - Published
Money markets no longer expect a Bank of England (BOE) rate hike in 2019 after the UK Brexit Secretary Raab’s brings Brexit uncertainty back into play, with doors opened again for a disorderly.. Credit: FXstreet.com - Published
FT economics reporter Claire Jones assesses Bank of England governor Mark Carney's new "forward guidance" policy on interest rates and compares it to US and European approaches. For more video content..
According to analysts at ING, EUR/GBP has now declined around 4% from the highs seen in late August, largely due to the chances of a 'no-deal' Brexit becoming slightly less likely.
*Key.. Credit: FXstreet.com - Published
· An obscure and often overlooked Fed survey is flashing a warning about the growing leveraged loan market.
· The Federal Reserve's Senior Loan Officer Opinion Survey, which takes responses from 70.. Credit: Business Insider - Published
According to Senior Analyst at Danske Bank Mikael Milhoj, the European cross still eyes a probable test of the 0.90 handle.
“The apparent breakthrough on Brexit negotiations sent.. Credit: FXstreet.com - Published
LONDON (AP) — Official figures show inflation in Britain held steady above the Bank of England’s target level in October. The Office for National Statistics said the consumer prices index in the.. Credit: Seattle Times - Published
Analysts at ANZ New Zealand Bank Limited explained they key themes for currencies today.
"The UK appears to be inching closer to achieving a Brexit deal. A draft deal has been.. Credit: FXstreet.com - Published
* • A subdued USD price action triggers the initial leg of rebound. • Stronger UK wage growth data provides an additional boost. • Brexit uncertainties might keep a lid on any.. Credit: FXstreet.com - Published
James Smith, Developed Markets Economist at ING, suggests that for the Bank of England, the fact that UK wage growth is now the highest since the end of 2008 –3.2% excluding bonuses – will be the.. Credit: FXstreet.com - Published
*UK Jobs report overview*
The UK labor market report is expected to show that the average weekly earnings, including bonuses, in the three months to September, are expected to accelerate to 3.0%,.. Credit: FXstreet.com - Published
· *WeWork, Uber and Tesla are banking on their brand name appeal to pile on junk debt typically deemed too risky for lesser known peers with better credit.*
· *Investors are eager to lend to them,.. Credit: Business Insider - Published
Bank of England (BoE) Deputy Governor Ben Broadbent, speaking to CNBC this Monday, was quoted saying that growth has been reasonably weak for the last two years and there are signs of somewhat weaker.. Credit: FXstreet.com - Published
According to the economists polled by Reuters this week, a quarter of them believes that both the UK and the European Union (EU) will fail to reach a Brexit deal on the terms of departure, with less.. Credit: FXstreet.com - Published
· *Inflation in Venezuela hits an annual rate of 830,000% — and is likely to keep rising.*
· *A report published to the country's Congress by a coalition of opposition parties said that the annual.. Credit: Business Insider - Published
· *The deepening economic crisis in Venezuela means its government wants to get back its gold reserves worth more than $500 million.*
· *According to Reuters, Venezuelan authorities have approached.. Credit: Business Insider - Published
The Bank of England has awarded Vizor a long-term contract for the Bank’s strategic data collections system following an extensive evaluation and procurement process.
DUBLIN (PRWEB) November 05,.. Credit: PRWeb - Published
LONDON (AP) — The Bank of England on Friday asked the public to submit nominations of prominent British scientists to appear on a new 50 pound note. Governor Mark Carney said the figure can come from.. Credit: SeattlePI.com - Published Also reported by •Seattle Times