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British Pound: USD/GBP (GBP=X) BoE cuts growth forecasts but Sterling re-traces the sell-off

British Pound: USD/GBP (GBP=X) BoE cuts growth forecasts but Sterling re-traces the sell-off A tough week for trying to value Sterling looking forward with a mildly dovish Bank of England Report having only a short-term negative effect on GBP, wh.....»»

Category: topSource: livetradingnewsFeb 11th, 2019

Asian shares subdued as global bond sell-off eases; sterling rises

Asian shares barely moved on Wednesday after world stocks hit eight-week lows the previous day on worries about global economic growth, although the British pound stayed firm on hopes for a Brexit deal......»»

Category: topSource: reutersOct 10th, 2018

London Markets: FTSE 100 rises, pound slides after Bank of England cuts growth outlook

Blue-chip stocks in the U.K. moved higher Thursday, extending gains as the pound slumped after the Bank of England cut its outlook for British inflation and economic growth......»»

Category: topSource: marketwatchMay 10th, 2018

British Pound: USD/GBP (GBP=X) Inflation and growth forecasts raised

British Pound: USD/GBP (GBP=X) Inflation and growth forecasts raised The Bank of England has surprised foreign exchange markets by voting 9-0 to raise interest rates to 0.75% on Thursday, August 02. This would be only the.....»»

Category: topSource: livetradingnewsAug 2nd, 2018

British Pound: USD/GBP (GBP=X) bears remain in control

British Pound: USD/GBP (GBP=X) bears remain in control The Pound-to-Dollar rate fell to fresh lows of 1.2777 on Friday after solid growth data lifted the greenback while Sterling remained.....»»

Category: topSource: livetradingnewsOct 28th, 2018

British Pound: USD/GBP (GBP=X) Rate Knocked by Strong US Growth Report

British Pound: USD/GBP (GBP=X) Rate Knocked by Strong US Growth Report Speculation that the Federal Reserve could still hike US interest rates again this year returned today, pushing the Pound Sterling to US Dollar.....»»

Category: topSource: livetradingnewsFeb 28th, 2019

Deere cuts full-year earnings forecast after profits miss estimates

Deere & Co.'s third-quarter earnings on Friday missed Wall Street estimates, hurt by the U.S.-China trade war that has dented the demand for farm equipment, forcing the company to revise down its full-year profit and sales growth forecasts......»»

Category: topSource: reutersAug 16th, 2019

British pound falls to new two-year low as economy shrinks

The British pound on Friday came under renewed assault, as data showing a contraction in the U.K. economy in the second quarter reinforced concerns about future growth if the country leaves the EU without an agreement on Oct. 31......»»

Category: topSource: marketwatchAug 9th, 2019

British stocks nudge higher as China’s export boost eases growth concerns

British stocks fought back on Thursday as investors returned to riskier assets but gains were held back by a buoyant pound......»»

Category: topSource: marketwatchAug 8th, 2019

European shares hit by Bayer, Lufthansa; FTSE shines on BP, sterling slump

European shares slipped on Tuesday as grim forecasts from German giants Bayer and Lufthansa soured sentiment, while a battered pound and BP helped London's blue-chip index outperform for a second day. David Pollard reports......»»

Category: videoSource: reutersJul 30th, 2019

Currencies: British pound collapse continues as sterling reaches new two-year low

The British pound on Tuesday came under continued assault, sliding as traders price in an increased possibility of a so-called hard Brexit......»»

Category: topSource: marketwatchJul 30th, 2019

Sterling slumps on "no-deal Brexit" worries; stocks dip

The British pound touched its lowest level in over two years against the dollar after Prime Minister Boris Johnson said a hard divorce from the EU was in the cards, while stocks dipped globally with Wall Street backing off record highs......»»

Category: topSource: reutersJul 29th, 2019

Brexit worries knock sterling; stocks slip

The British pound touched its lowest against the dollar in over two years after Prime Minister Boris Johnson said a hard divorce from the EU was in the cards, while stocks dipped globally on Monday after last week hitting their highest in five months......»»

Category: topSource: reutersJul 29th, 2019

Sterling tumbles on hard Brexit worries; stocks slip

The British pound on .....»»

Category: topSource: reutersJul 29th, 2019

Tuesday"s Market Minute: Range-Bound Currencies Set For A Breakout?

Currency futures are center stage this month, and the British Pound is in the spotlight today. The sterling has lag.....»»

Category: blogSource: benzingaJul 23rd, 2019

Hopes of ECB, Fed rate cuts boost global stocks, British pound sags

Expectations that the European Central Bank and Federal Reserve will cut interest rates boosted stocks globally, while the pound sagged on worries that likely new prime minister Boris Johnson would lead Britain into a no-deal exit from the European Union......»»

Category: topSource: reutersJul 23rd, 2019

Sterling hurtles towards 2017 lows as outlook darkens

The British pound fell towards its lowest levels in more than two years on Tuesday against the backdrop of a worsening economic outlook and rising fears about a no-deal Brexit and a new Prime Minister. Pascale Davies reports......»»

Category: videoSource: reutersJul 9th, 2019

UK April pay data beats forecasts, employment growth slows

British wages in the three months to April grew faster than expected and hiring slowed less sharply, as the jobless rate held at its lowest rate since 1975, official figures showed on Tuesday. Francis Maguire reports......»»

Category: videoSource: reutersJun 11th, 2019

ECB Cuts Long-Term GDP Growth, Inflation Forecasts

With Draghi having already disappointed markets by failing to deliver a "big bang" announcement, and instead extending the lower for longer period until the first half of 2020 as was already priced in by the market, and unveiling less generous TLTRO III.....»»

Category: blogSource: zerohedgeJun 6th, 2019

Pound Jumps And Dump After BOE Signals More Than One Hike Needed, But Cuts Inflation Forecasts

Pound Jumps And Dump After BOE Signals More Than One Hike Needed, But Cuts Inflation Forecasts.....»»

Category: blogSource: zerohedgeMay 2nd, 2019

Ericsson shares hit four-year high after profit tops forecasts for fifth quarter

Ericsson posted a first-quarter profit on Wednesday that swept past forecasts due to strong growth in North America and cost cuts, spurring the telecom equipment maker to boost its full-year outlook for the global networks market......»»

Category: topSource: reutersApr 17th, 2019