nawlay271985
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BOE FSR: UK GDP, Unemployment Rate to recover, CPI may soften
In its latst Financial Stability Report (FSR), the Bank of England (BOE) said that the Monetary Policy Committee (MPC) agreed not to tighten the rates further unless inflation sustainably moving to the target. The BOE also said, that negative policy rates at this time could be less effective as a to
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Democrats Vs Republicans ...and the USD caught in the middle..
Things get heated up in the US in the battle of the Democrats vs the Republicans. Nancy Pelosi, of the house of Democrats, is pushing for the $600 extra payments to be continued until Feb. It is very clear that Trump, should he opt not to do this – would lose his standing with the people. Trump is c
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Daily recommendations on major – USD/JPY
DAILY MARKET OUTLOOK on Major
USD/JPY - 105.97
Dollar's rally from last Fri's 4-1/2 month bottom at 104.19 to 106.47 yesterday suggests medium term decline from March's 111.71 peak has made a temporary low and subsequent retreat indicates first leg of correction is over and may head back to 105.59/6
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RBI left key rates unchanged at 4.00%
At its August monetary policy decision, the Reserve Bank of India (RBI) kept the benchmark repo rate unchanged at 4% and reverse repo rate at 3.35%.
The central bank, however, maintained its accommodative stance.
Key quotes
External demand expected to remain anaemic.
MPC projects real GDP growth fo
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