This afternoon, Chancellor Rishi Sunak is due to announce extra financial support measures for the UK economy. Governor of the Bank of England, Andrew Bailey, will also make a speech later.
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Later today, Chancellor of the Exchequer, Rishi Sunak is due to announce plans for more government spending to minimise unemployment. This comes after tighter COVID-19 restrictions were revealed earlier this week and in anticipation of the furlough scheme…
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Fed official, Charles Evans, said that the US could face a longer, slower recovery if Congress fail to pass a coronavirus relief package.
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The Consumer Confidence figure for Germany came in at -1.6 this morning, missing expectations of -1 as lockdown measures are reintroduced.
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This morning, PMI data will be released for the UK, which will reveal how the services and manufacturing sectors have been performing.
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The pound is still looking weaker against the euro and the dollar this morning as worries over the economy were heightened after the Prime Minister announced further restrictions yesterday to slow the spread of coronavirus. The ninth round…
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The first official day of autumn yesterday was a little grim, with rain sweeping in from the west and new Covid restrictions from Westminster. Sterling ended up roughly where it started but it was a choppy sort of…
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Today, Federal Reserve Chairman, Jerome Powell, will make a speech to congressional committees. Other Fed officials will also make speeches. It is hoped that they will shed more light on the Fed’s plans with inflation.
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