In A “Synchronized” Global Economy, China’s Numbers Are Worrisome

In a January 10 research piece, Capital Economics points to key dots that are not often connected, which is nothing new for the independent research provider. In a global economy, historically geographic regions have exhibited a degree of noncorrelation. For hundreds of years, the economic ripples occurring in China were gently felt in the US. But… Please follow and like us:

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The Bank Of England Is Planning A Bitcoin-Style Virtual Currency – But Could It Really Replace Cash?

Governments are extremely worried about cryptocurrencies such as bitcoin. These virtual currencies mean you can make payments without involving the banks that most economies and government financial models are built on. People can transfer large amounts of money without the authorities knowing, potentially making it easier to evade tax or launder money. So several countries’ central… Please follow and like us:

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Forex Investors Buzz Week Ahead Dec 11 – 15

Forex Investors Buzz Week Ahead Dec 11 – 15 Bank of England will be deciding on monetary policy ECB will deliver its latest monetary policy decision Japan, analysts are eyeing Tankan’s quarterly business condition Next week, the most important event will be the Fed monetary policy decision. The ECB and the Bank of England will also… Please follow and like us:

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UK house price growth peters out, London weakest since 2009

New residential homes are seen at a housing estate in Aylesbury, Britain, February 7, 2017. [Photo/Agencies] LONDON – House prices in Britain are no longer rising and are falling in London at their fastest pace since 2009, the Royal Institution of Chartered Surveyors said on Thursday, citing political worries and last week’s Bank of England interest… Please follow and like us:

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Brexit threatens 10,000 finance jobs: Bank of England

Some 10,000 UK financial services jobs could move abroad on the first day of Brexit, the Bank of England predicted Wednesday after warnings of up to 75,000 relocations in total. Back in April, the central bank asked British financial companies to draw up contingency plans based on the assumption that Britain would leave the EU with… Please follow and like us:

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(US Open) – European stocks edge higher; Wall Street opens little changed with Dow not far below 23,000

(US Open) – European stocks edge higher; Wall Street opens little changed with Dow not far below 23,000 European stocks edge higher With the open of US markets at 1330 GMT, the Stoxx 600 was trading marginally higher. The pan-European index fluctuated within a relatively narrow range during today’s trading, having reached a fresh near four-month… Please follow and like us:

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Reversing Brexit would give ‘significant’ boost to UK: OECD

Reversing Britain’s shock referendum to leave the EU would “significantly” boost the economy, the OECD said on Tuesday, while the government inisted there were no plans to cancel Brexit. “In case Brexit gets reversed by political decision (change of majority, new referendum, etc) the positive impact on growth would be significant,” the Organisation for Economic Co-operation… Please follow and like us:

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UK economy stuck in low gear, worries grow as BoE prepares to hike rates

LONDON – Britain’s economy remained stuck in low gear in the third quarter but price pressures grew further, according to a business survey that probably keeps the Bank of England on track to raise interest rates. The IHS Markit/CIPS Purchasing Managers’ Index (PMI) also showed businesses were increasingly worried about the outlook as Britain heads towards… Please follow and like us:

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Bank of England eyes rate rise as inflation surges

The Bank of England on Thursday hinted at an interest rate rise in the coming months as a Brexit-hit weak pound sends inflation soaring. Policymakers voted 7-2 to hold the BoE’s main rate at a record-low 0.25 percent — and unanimously to leave unchanged the level of cash pumping around the UK economy to help boost… Please follow and like us:

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British inflation jumps, pushing pound to one-year dollar high

Britain’s annual inflation rate accelerated in August, mainly on rising prices for motor fuels and clothing, official data showed on Tuesday, sending the pound to a year-high versus the dollar. The Consumer Prices Index (CPI) 12-month rate jumped to 2.9 percent in August compared to 2.6 percent in July, the Office for National Statistics said in… Please follow and like us:

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Bank of England set to stay on hold as Brexit risks loom

A bus passes the Bank of England in the City of London, Britain, February 14, 2017. [Photo/Agencies] LONDON – The Bank of England looks set to keep interest rates at a record low once again on Thursday with investors looking for signs that, faced with Brexit, it is getting nearer to raising rates for the first… Please follow and like us:

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Sterling falls amid gloomy prospects for UK economy

British currency and stock markets fell on Tuesday after the governor of the Bank of England delivered a pessimistic speech about the prospects for the United Kingdom’s economy as the nation prepares to leave the European Union. A twenty pounds banknote is seen in front of displayed stock graph in this picture illustration taken June 9,… Please follow and like us:

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