Eurozone Inflation Is Now at Highest Level Ever
Inflation within the Eurozone hit nearly 5 per cent in November, the highest level recorded since the Euro was introduced in 1999.
Pound
Pound Rises Further on UK Rates Outlook
LONDON (AP) — The pound has pushed above the $1.40 level as traders price in a growing likelihood of another interest rate increase in May from the Bank of England.
Sterling Climbs Above $1.40 to New Post-Brexit-Vote High
One of the key critiques used by legacy pro-European Union campaigners has been undermined today as Britain’s currency climbed back to pre-Brexit vote levels. Pound Sterling hit the $1.40 mark against the dollar today, before easing back one point. The currency
Brexit: Central Banks Abandoning Unstable Euro, Display Confidence in Long-Term Stability of the Pound
Government central banks are jettisoning the euro over fears for the stability of the European Union (EU) – but continue to see the pound sterling as an attractive long-term investment.
China’s Largest Online Retailer Says Brexit Will Boost Trade
China’s largest online retailer plans to sell British goods to its 170 million customers and says Brexit will boost trade and exports because of a falling pound. “I know there are some people who are not happy with the result
China’s Role as Reserve Currency to Raise Interest Rates
In approving the Chinese yuan as a 10.92 percent participant as a reserve currency in the global basket, the International Monetary Fund (IMF) warned that China’s inclusion could push up interest rates.
Reuters: UK Close to Deflation, But Don’t Worry
(Reuters) Deflation is close – but don’t worry. That was the message from Bank of England governor Mark Carney, as he explained why UK inflation is at its lowest level in nearly 15 years. Follow Breitbart London on Twitter @BreitbartLondon
