Before the release of UK labor data, the Pound Sterling had remained steady. After the Office of National Statistics released the information, though largely mixed, FX markets were satisfied with the outcome and pushed the Pound higher. The ONS reported that the ILO unemployment rate remained flat at 3.8%, as […]
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Bank of Japan Leaves Interest Rates Unchanged – 21 January 2020
The Bank of Japan decided to keep the cash rate steady as well as revising up its economic growth forecast. In a decision released on Tuesday, the Bank of Japan decided to leave the interest rate unchanged at -0.1 percent, signaling a cautious optimism regarding the future of the world’s […]
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Coronavirus Sends Jitters Through Global Markets – 21 January 2020
Illness is unpleasant, and often dangerous, and it can cause people, medical professionals, and the World Health Organization to be concerned, for a variety of reasons. But when illness threatens the global stock markets, the world takes notice – and that’s exactly what happened in the Asian markets on Tuesday, […]