Daily Update - 21st November 2019
Chinese Bank of China released their Interest Rate Decision decreasing compared to the previous year showing signs of slow down after the Trade Disagreements between US & China. EU Financial Stability Review revealed that EU Area financial stability environment remains challenging, the euro area economic outlook has deteriorated, with growth expected to remain subdued for longer GBP Public Sector Net Borrowings which will be captured an amount of new debt held by the U.K. governments (the financial deficit in the UK national accounts). ECB Monetary Policy Meeting Accounts contain an overview of financial market, economic and monetary developments. The aim is to provide the rationale behind monetary policy decisions and enable members of the public to improve their understanding of the Governing Council’s assessment of the economy and its policy responses in the light of evolving conditions. Finally, it is US Initial Jobless claims which is a measure of the number of people filing first-time claims for state unemployment insurance. In other words, it provides a measure of strength in the labor market. Yesterday’s Market
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