Versus the dollar, sterling rose 0.1 per cent to US$1.3606 at 0930 GMT, after touching a six-day low in the previous day.
“GBP is being buoyed by a more materials-weighted local equity benchmark and the UK government’s more aggressive re-opening schedule,” Chris Turner, Global Head of Markets at ING said.he would end all coronavirus restrictions in England including mandatory self-isolation for people with Covid-19. “We doubt they will want to push back on aggressive pricing of the BoE cycle, which is providing support to GBP and helping to insulate against higher energy prices,” ING said.he now sees a “modest” rate hike over the coming months.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Lotus sports car group eyes stock market float | Malay MailLONDON, Feb 21 — Chinese-owned sports car maker Lotus is exploring plans for a stock market float to fund its global expansion and invest more in electric vehicles, the group said today. “We are considering” an initial public offering that would occur “in a window of 12-24 months” to...
Source: malaymail - 🏆 1. / 86 Read more »
Tokyo stocks down on Ukraine crisis, oil prices rise | Malay MailTOKYO, Feb 22 ― Tokyo stocks slumped and oil prices rose today after Russian President Vladimir Putin ordered his troops into two Moscow-backed rebel regions of Ukraine. The benchmark Nikkei 225 index was down 1.46 per cent or 391.72 points at 26,519.15 around 30 minutes after the opening bell,...
Source: malaymail - 🏆 1. / 86 Read more »
Rouble sinks, stocks plunge as Russia recognises Ukraine breakaway regions | Malay MailMOSCOW, Feb 22 ― The rouble tanked yesterday, slipping past 80 against the dollar, while stocks plunged to their lowest in over a year as Russian President Vladimir Putin called for the immediate recognition of two breakaway regions in eastern Ukraine. Putin signed a decree recognising the... russia invaded Ukraine, actually, not just recognised something. rouble should sink and deep, russia should pay
Source: malaymail - 🏆 1. / 86 Read more »
US stocks drop amid worries on Ukraine | Malay MailNEW YORK, Feb 22 — Wall Street stocks retreated early today as Russian President Vladimir Putin’s latest escalation of the Ukraine conflict stoked volatility in markets. Putin yesterday announced recognition of independence for two separatist enclaves in Ukraine — and moved troops into the...
Source: malaymail - 🏆 1. / 86 Read more »