Bank of England Issues Starkest Warning Yet on ‘Brexit’ (News: 12/05/16)
Today’s Press
-
Bank of England Issues Starkest Warning Yet on “Brexit”
The Bank of England said Thursday that a vote to leave the European Union could slam the brakes on growth in the U.K., push up unemployment and stoke inflation, in its clearest warning yet about the potential economic costs surrounding a referendum on membership next month.
-
Corporate results weigh on shares; oil rallies
U.S. and European stocks retreated on Wednesday amid disappointing corporate earnings, while oil prices surged for a second day as data showed U.S. crude inventories fell unexpectedly last week.
-
U.S. Jobless Claims Rise to One-Year High on Surge in New York
Applications for unemployment benefits unexpectedly increased last week to the highest level since February 2015 as filings surged in New York.
Next Trading Day’s Important Events
- 06:30 (GMT+3) BoJ Governor Speaks
- 12:00 (GMT+3) EU GDP
- 15:30 (GMT+3) US Retail Sales
Forex Quotes:
- USDJPY: 109.12
- EURUSD: 1.1399
Indices:
- S&P 500: 2,073.75
- NASDAQ : 4,776.26
Source:: Bank of England Issues Starkest Warning Yet on ‘Brexit’ (News: 12/05/16)