Sterling hovers above US$1.32 ahead of Jackson Hole | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 86%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

LONDON, Aug 27 — The pound hovered above the US$1.32 (RM7.30) mark ahead of the annual Jackson Hole central bankers’ conference starting later today, with traders on the lookout for policy hints that could move markets. Sterling looked to have brushed off fresh industry data showing UK car...

Sterling looked to have brushed off fresh industry data showing UK car production recovered in July but was still down 21 per cent on the year, and the fastest cut in service sector jobs on record in the three months to August. — AFP pic

Sterling looked to have brushed off fresh industry data showing UK car production recovered in July but was still down 21 per cent on the year, and the fastest cut in service sector jobs on record in the three months to August. Bank of England governor Andrew Bailey is due to speak at the event tomorrow, which is being held virtually due to the pandemic.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 1. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bonds sold, stocks bought as investors eye Jackson Hole | Malay MailLONDON, Aug 26 — Traders sold government bonds and bought stocks today, placing riskier bets on optimism about US-China trade and expectations of ample central bank stimulus before a key speech by the US Federal Reserve chairman at Jackson Hole. In early London trading, the yield on US 10-year...
Source: malaymail - 🏆 1. / 86 Read more »

European stocks fall ahead of Powell speech as banks slide | Malay MailLONDON, Aug 27 — A cautious mood prevailed in European equity markets today as investors looked ahead to the US Federal Reserve Chairman Jerome Powell’s outlook on monetary policy. The pan-European STOXX 600 index slipped 0.3 per cent, with banks being the biggest drags after HSBC fell 2.2 per...
Source: malaymail - 🏆 1. / 86 Read more »

Asian stocks set for cautious gains on Sino-US trade hopes | Malay MailWASHINGTON, Aug 26 — Asian stock were set for a choppy session today, following a mixed Wall Street lead as markets cheered signs of progress in US-Sino trade negotiations but remained cautious about the broader economic outlook. Top US and Chinese officials reaffirmed their commitment to a trade...
Source: malaymail - 🏆 1. / 86 Read more »