MPC

BoE Concerned with China

By Filipe R Costa Economics & Markets

5 mins. to read

The last time the BoE moved its key interest rate was in March 2009, when the financial crisis was at its peak and the British economy was thirsty for liquidity. Six and a half years later, the financial crisis is over but the BoE is still afraid of touching its near-zero rate. The last MPC…

Euro’s gains against the Pound could be short-lived

By Dave Evans Trading

2 mins. to read

As is typical, the first week of the month has been dominated by the release of the latest US Non-Farm Payrolls report. July data came in roughly in line with expectations with a gain of 215k compared to expectations of 222k. The accompanying unemployment data came in mostly in line with expectations. Yet, judging by…