The company’s revenue growth accelerated as it increased the number of active customer accounts.
BOE’s Saunders: Don’t need to decide yet on negative rates
Further remarks by Saunders
– Scope to cut interest rates is limited now
– If we wanted to lower yield curve, lower bank rate would be the best tool
– BOE has a range of policy tools
The pushback on negative rates by the BOE has been clear since the last meeting. As things stand, it is more of
– Scope to cut interest rates is limited now
– If we wanted to lower yield curve, lower bank rate would be the best tool
– BOE has a range of policy tools
The pushback on negative rates by the BOE has been clear since the last meeting. As things stand, it is more of
Cable closes in on the week’s high as buyers stay in the hunt towards 1.4000
Buyers show their mettle on a bounce from the 200-hour moving average
caught in a near-term battle
The high for the week rests at 1.3952 and if that gives way, there is little standing in the way of a further shove towards 1.4000 next.
caught in a near-term battle
The high for the week rests at 1.3952 and if that gives way, there is little standing in the way of a further shove towards 1.4000 next.
BOE’s Saunders: UK economy has significant spare capacity
Comments by BOE policymaker, Michael Saunders
The by ONS reveals that roughly 20% of workers are still on furlough, which is the highest levels since June to July last year.
The by ONS reveals that roughly 20% of workers are still on furlough, which is the highest levels since June to July last year.
US futures keep lower ahead of North American trading
Risk keeps in a more tepid spot so far today
The market is seeing a bit of a mixed mood with Treasuries a little lower alongside stocks, while the dollar is also slightly weaker across the board for the time being.
The market is seeing a bit of a mixed mood with Treasuries a little lower alongside stocks, while the dollar is also slightly weaker across the board for the time being.
EUR/USD recoups some of yesterday’s decline but sellers stay in near-term control
EUR/USD is up 0.3% just above 1.2070 on the day
The turnaround today comes as the dollar is seeing slipping across the board but so far the gains are roughly only half of the push lower seen yesterday.
The turnaround today comes as the dollar is seeing slipping across the board but so far the gains are roughly only half of the push lower seen yesterday.