Post Profile






Sliding sterling is a long way from a crisis

The pound has fallen to 31-year lows below $1.28. That’s hardly a disaster. Buoyant UK bonds and stocks suggest there are few concerns about Britain’s hefty budget and current account deficits. It would take a much steeper drop to worry Bank of England Governor Mark Carney.
read more

share

Related Posts


Global stocks extend losses, sterling near 30-year lows in Brexit aftermath

Business & Finance : Business Insider: Clusterstock

By Lisa Twaronite TOKYO (Reuters) - Global equities took another step down in Asia on Tuesday, with regional markets sliding and sterling wallowing near three-decade lows as Britain's shock vote to exit the European Union continued ...

All Of The Things That Could Create A New Crisis In The Eurozone In One Big Slide

Business & Finance : Business Insider: Clusterstock

Government borrowing costs across the euro zone have fallen to record lows and stock markets are rising despite a deepening economic contraction across the currency bloc. Investors have put their faith in the prospect of ECB bond bu...

Supermarkets keep FTSE buoyant

Business & Finance : Business Report

Britain's top shares traded flat, kept buoyant by supermarket stocks. ||| London - Britain's top shares traded flat on Friday, kept buoyant by supermarket stocks, as doubts intensified over whether the current lofty equity market va...

US puts budget deficit at $642bn

Business & Finance : Business Report

The budget deficit for the current year is projected to come in well below what was estimated just a few months ago. ||| Washington - The budget deficit for the current year is projected to come in well below what was estimated just...

Pound Jumps After Government Lawyer Says Brexit Treaty Likely Needs Vote From Both Houses

Business & Finance : Zero Hedge

Shortly after sterling fell to a six year low against the euro, sliding below 1.10 or depths not seen since the March 2010 depths of the European debt crisis, the British currency found a modest respite after comments from a UK gove...

Comments


Copyright © 2016 Regator, LLC