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Monthly Archives: February 2018
Bank of England hints at rate rises
The Bank of England has indicated that the pace of interest rate increases could accelerate if the economy remains on its current track. Bank policymakers voted unanimously to keep interest rates on hold at 0.5% at their latest meeting. However, … Continue reading
Asia stocks gain following Wall Street’s surge
Asian shares gained on Monday in morning session after Wall Street touched record highs in the last session amid upbeat corporate earnings and strong global economic growth. MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.19% in early trade … Continue reading
Pound’s rally gathers strength on growth boost
The pound has continued its strong run against the dollar after news of a better-than-expected performance from the UK economy in the last three months of 2017. Growth in the last quarter of 2017 hit 0.5%, ahead of the 0.4% investors … Continue reading