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UK April Inflation slips


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UK April Inflation slips

British inflation slipped in April for the first time since September last year, reflecting a drop in airfares after a March surge around the Easter holidays disappeared, as well as lower clothing prices. Consumer prices rose 0.3 percent compared with a year ago, the Office for National Statistics said, in line with a Bank of […]

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Big week ahead for UK data

Sterling recovered from a near three-week low against the dollar this morning as comments by leading Brexit campaigner Boris Johnson added to an increasingly fraught debate over Britain’s membership of the European Union. With most major currencies steady, the pound traded less than 10 ticks away from the low of $1.4340 it hit after a […]

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Sterling volatility continues

Sterling fell towards its lowest in three weeks against the dollar this morning, nursing losses for a second straight week after Bank of England Governor Mark Carney warned of a recession if Britain votes on June 23 to exit the European Union. Carney on Thursday called Britain’s referendum on European Union membership the “elephant in […]

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All eyes on “Super Thursday”

The focus in Europe will be today “Super Thursday” as investors prepare for the Bank of England’s monetary policy decision, its minutes, the quarterly Inflation Report and a press conference from Governor Mark Carney. Brexit is dominating the U.K. agenda and the Bank of England is set to update its take on how the vote […]

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