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ECB's Lane - Abrupt Brexit would be a "genuine shock" to financial stability

ECB member and Bank of Ireland governor Philip Lane, while speaking to the Financial Times said-

  • Brexit is a bigger headache if there is no trade deal and an abrupt British departure would be a "genuine shock" threatening the stability of Europe's financial system.
  • Until we have signs of inflation, it is appropriate for QE to continue

Bank of Canada - 25bps rate hike likely, but Nafta remains a risk - ING

ING Analysts believe the Bank of Canada is set to hike rates by 25 basis points this week but could remain cautious in their assessment of the economi
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USD/JPY nears 111.00, chart driven recovery gathers steam

The USD/JPY caught a bid wave around 110.50 in early Asia and rose above 110.84 (Nov. 27 low) to set a session high of 110.98. The Reuters report bla
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