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ECB interest rate decision headlines the weekly economic docket
The euro currency comes back into the spotlight this week as the European Central Bank meets to decide on interest rates and future EU monetary policy. Market consensus is currently finely balanced as to whether outgoing ECB President Mario Draghi will announce drastic new accommodative policy measures on Thursday. The main area of contention for[…]
IMF outline the case for more sluggish global growth
The acting Managing Director of the International Monetary Fund David Lipton outlined the case for global growth to remain sluggish for the rest of 2019 on Tuesday. The acknowledgment came as China officially posted its weakest growth figures in over two decades, with the powerhouse Chinese economy growing by just 6.2 percent during the second[…]
Sterling traders look to UK data points and leadership battle
Sterling traders are braced for increased volatility this week as the United Kingdom economy releases a slew of high-impacting data points, while the UK Conservative party leadership race comes to a conclusion. The British pound has remained in doldrums against the U.S Dollar, despite the Federal Reserve pledging to cut rates at the end of[…]