Posts Tagged ‘Global economy’
Tariff Tensions Rock Global Markets: Currencies in Turmoil
Country Interest Rates and Inflation:• Eurozone: Interest Rate – 2.65%, Inflation – 2.2%• UK: Interest Rate – 4.5%, Inflation – 2.8%• US: Interest Rate – 4.5%, Inflation – 2.8% Market Overview:Global financial markets have seen considerable turbulence recently, largely driven by the U.S. administration’s new slate of tariffs. These measures have sent shockwaves through equity…
Read MoreECB hold rates until 2020
EURO The European Central Bank pushed back their rate guidance on Thursday and pledged to remain on hold at least through the first half of 2020. The Euro rallied in response as the Governing Council stopped short of opening the door to a rate cut. EUR/USD made further gains on Friday and closed above $1.13…
Read MorePrepare for the World Economy’s Most Important Week of the Year
This week could be the most important week of the year for the global economy according to Bank of America, as President Trump meets Kim Jong-un, MP’s vote on the Brexit bill along with the Fed, ECB and BoJ all meeting. STERLING Theresa May’s flagship Brexit legislation returns to the lower House of Commons after…
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