The most anticipated event of the week will be FOMC Interest Rate Decisions announced on Wednesday & followed by the monetary policy statement.
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31/ 10/ 2016
The week ahead | FOMC Interest Rate Decisions
27/ 10/ 2016
Sterling fights back
Yesterday, the Sterling fought back after bearish comments by UK Chancellor of the Exchequer Philip Hammond who suggested that the Government would be happy to see more quantitative easing in the future.
26/ 10/ 2016
Pound dropped ahead of Carney speech
The pound sterling's sudden drop came yesterday ahead of BoE governor Mark Carney's speech in which he faced questions over whether another rate cut would be necessary.
25/ 10/ 2016
Bank of England Mark Carney’s speech
Today main focus will be on Governor of the Bank of England Mark Carney’s speech. He is scheduled to speak in London before the members of the House of Lords Economic Affairs Committee as regards the economic consequences of UK’s exit from the European Union. Market volatility can be expected.
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