Original post:
Euro falls towards key $1.08 level, bleak German investor survey piles pressure
Author: QBBRachael
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World stocks slip as bond markets ring recession alarms
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World stocks slip as bond markets ring recession alarms -
Strong UK Inflation Raises Bet for a Hawkish BOE
Better-than-expected inflation data raised hopes for a BOE rate hike, lifting the British pound. After gaining +0.61% against USD and +0.79% against EUR, GBP has remained firm today. We do not believe strong CPI in August would lead to a rate hike at the upcoming meeting as growth has remained slow while Brexit negotiations are highly uncertain.
Originally posted here:
Strong UK Inflation Raises Bet for a Hawkish BOE