Bank of England’s Carney Backs PM Cameron’s E.U. Deal (News: 08/03/16)
Today’s Press
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Bank of England’s Carney Backs PM Cameron’s E.U. Deal
Bank of England Governor Mark Carney on Tuesday backed Prime Minister David Cameron”s European Union deal ahead of a June referendum on membership, saying the agreement allowed the central bank to do its job.
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Poor China trade data revive global growth fears
Stocks are faltering after their recent strong rally as poor trade data from China revive global growth fears.
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Fed Vice Chair sees hints of too-low inflation moving up
Federal Reserve Vice Chairman Stanley Fischer said Monday that inflation in the U.S. may be starting to tick up from too-low levels, a key condition for further interest rate hikes.
Next Trading Day’s Important Events
- 18:00 (GMT+3) BoC Interest Rate Decision
- 23:00 (GMT+3) RBNZ Interest Rate Decision
Forex Quotes:
- USDJPY: 112.93
- EURUSD: 1.1038
Indices:
- S&P 500: 2,001.76
- NASDAQ : 4,708.3
Source:: Bank of England’s Carney Backs PM Cameron’s E.U. Deal (News: 08/03/16)