GBP weakness positive for inflation – BoE’s Weale

At his testimony before the Treasury Committee, BoE’s MPC member Martin Weale has argued that the recent (and sharp) drop in the sterling could have positive effects on inflation.

GBP/USD is trading on a negative note today, breaking below the 1.4100 support at the time of writing.

Feb 23, 2016

Brexit vote is bad for the Euro too – SocGen

Kit Juckes, Research Analyst at Societe Generale, suggests that the ‘Brexit’ would be bad for UK growth and the countdown to the vote on June 23 is bad for investor confidence and therefore, the pound.

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Feb 23, 2016

Eurozone: Global weakness and looming Brexit weigh - ING

Bert Colijn, Senior Economist at ING, notes that the Eurozone composite PMI decreased to 52.7 in February from 53.6 in January, confirming concerns that global weakness is starting to weigh on the Eurozone economy.

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