<p> The Bank of Canada (BoC) set its key overnight rate at 5% on Wednesday and in the meantime said underlying inflation remained a concern. The bank's focus now shifts to when to reduce borrowing costs.</p><p><br /></p><p>The BoC's governing committee has kept rates on hold at four consecutive
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Tory MPs rally around Rishi Sunak after ex-minister called for PM to quit
<p>MPs from all wings of the party joined in criticism of Simon Clarke with calls for him to lose the whip after comments Conservative MPs have rallied around Rishi Sunak as a former minister who called for him to quit said he felt he was shouting “iceberg” on the Titanic. Simon Clarke was roundly criticised […]
Tory social housing plan aims to prioritise ‘British homes for British workers’
<p>Exclusive: Proposals to be put forward next month will favour UK citizens, but experts say they are likely to be illegal or unworkable Downing Street wants to give UK families higher priority for social housing in a controversial scheme which will be badged as “British homes for British workers”, the Guardian can reveal. Offici
Labour to unveil plans for City at forthcoming business conference
<p>More than 500 bosses from finance world will be in attendance at sold-out event in London Labour will use its sold-out business conference next week to unveil the party’s City policy plans, the Guardian can reveal, as it tries to win over hundreds of UK executives ahead of a general election. More than 500 bosses […]
No plans to tighten care worker English language rules after Somerset death
<p>Home Office rejects call for change from coroner in case of woman who died after ambulance delay The minimum level of English language skills required for foreign care workers will not be raised despite the death of a care home resident after staff were unable to explain her critical state to 999 operators. The senior […]
Inflationary pressures are easing in New Zealand. Today, the focus of investors is directed to the BoC meeting
<p><strong>By <a href="https://justmarkets.com/?utm_source=investmacro&utm_medium=article&utm_campaign=analytics_market_overview" target="_blank" rel="noopener">JustMarkets</a></strong></p> <p>At Tuesday’s stock market close, the Dow Jones Index (US30)
Gold seeks fresh momentum
<p><strong>By <a href="http://investmacro.com/contributors/contributor-profile-forextime/">ForexTime</a> </strong></p> <div> <ul> <li>Gold trading between key weekly levels</li> </ul> <ul> <li>Incoming US data could move precious metal</li> </ul> <
SPONGE (SPONGEUSDT) Price Retreats in an Attempt to Retest $0.000886
<p>Get the 7 Step Checklist Johnathon Fox Uses to Find Every High Probability Price Action Trade</p> <p>Buyers’ pressure will soon increase Sponge Price Analysis – 24 January The bulls may be able to hold onto their edge in the market if the Sponge breaks over the $0.000695 barrier level and runs into resistance in the […]
OANDA Is Not Alone: Regulated Brokers Enter Prop Trading, but Keeping It Offshore
<p dir="ltr">Prop trading is becoming very popular among traders despite all the controversies around the model. While many dedicated companies are already operating in the space, many reputed brokers are now jumping in. OANDA is the latest one to launch prop trading under the brand, OANDA Labs Trader. </p><p dir="ltr&
European PMI Aids the Euro in Overcoming a Bearish Retracement
The US Dollar faced a broad decline against major currencies on Wednesday, driven by positive developments in European economic indicators and uncertainties surrounding the upcoming US PMI release. The initial shift occurred with the release of German and European PMI numbers, indicating improvements in various sectors, albeit remaining in contract