Towards the end of last year and early this year, the EUR/GBP cross rate joined the broader market repositioning out of the euro. Investors were well aware that the ECB will keep monetary policy extremely loose in the foreseeable future and will continue to provide ample liquidity. The poor eco outlook and the unresolved debt […]
A Down and Dirty Look at the EUR/GBP Read More »
U.K inflation may be slightly higher this year and next than the Bank of England forecast last month, due to the threat of higher oil prices and weak productivity growth, BoE chief economist Spencer Dale remarked today. The Bank needs to keep a close eye on whether the long-term unemployed dropped out of the job
Britain On The Mend Says BoE Read More »
Despite the Eurozone debacle the French are showing remarkable trust in the system, their banks and our beleaguered, battered and bruised single Currency. With one of the lowest personal debt ratios in the Eurozone, partly as a consequence of the French not over indulging in the sub prime mortgage debt binge that Brits gorged on
