Anxiety Eased
World Economy

Anxiety Eased

Easing anxiety over Britain’s potential exit from the European Union may be complemented next week by signs of a stronger UK economy, supporting the pound further after its best week since 2009 against the dollar, Bloomberg reported. Britain’s currency recovered from its steepest weekly decline versus the greenback in more than seven years as a report Friday showed wage-growth in the US unexpectedly fell last month, fueling doubts that the Federal Reserve will raise interest rates anytime soon. A gauge of pound volatility versus the dollar this week retreated from its highest since 2011. Reports on March 9 will show UK industrial production and manufacturing rebounded in January, according to Bloomberg surveys of economists.


Short URL : http://goo.gl/VMxhNu
  1. http://goo.gl/2yB2wF
  • http://goo.gl/h8AK57
  • http://goo.gl/Kbljit
  • http://goo.gl/5nCvJt
  • http://goo.gl/hvJ4Fp

You can also read ...

Imran Khan Says Economic Revival a Priority
Pakistan Prime Minister Imran Khan on Thursday said that the...
While the tariff conflict may still be in its infancy,  global trade growth rate has almost halved.
The global economy will continue to expand strongly in the...
Zimbabwe is in arrears of nearly $1.8 billion  to the World Bank and ADB .
The International Monetary Fund Thursday said it was ready to...
Global Stocks Hit 6-Month High
World shares hit their highest levels in more than six months...
Premier Li Keqiang has  voiced confidence in China’s ability to overcome obstacles.
Chinese officials are shrugging off warnings that the trade...
Georgia Economy Recovering
Christine Lagarde, the managing director of the International...
Poland to Maintain Solid Growth
Polish economy’s all significant macro fundamentals appear...
King Khaled International Airport
Saudi Aramco may have grabbed the biggest headlines, but the...