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News & Analysis
Morning Report: 23 March 2018
GBP Sterling briefly surged in the aftermath of yesterday’s 7-2 vote to keep rates unchanged from the Bank of England, but ultimately closed lower against USD and flat against the euro, after the detail of the policy statement and meeting minutes made clear that the BoE had not changed the outlook for policy in any […]
Morning Report: 22 March 2018
GBP Sterling’s big week continued yesterday, after wage growth printed faster than expected in January and the pound rallied strongly against USD. The latest labour market data from the ONS showed the Unemployment Rate dropping, while Average Earnings rose faster than expected. The most widely reported wage index, which is the three month average including […]