Markets The BoE cut its policy rate yesterday by 25 bps to 4.5% in a 7-2 vote (2 members in favour of 50 bps rate cut). BoE governor Bailey later warned not to read too much into this vote split as it is not a communication tool and as strategic considerations came into play for […]
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WTI oil price edged higher on Friday as larger bears are taking a breather after this week’s strong fall. Fresh gains were sparked by new US sanctions on Iran’s crude exports, which partially countered strong Read more…
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The Canadian dollar is showing limited movement for third consecutive day. In the European session, USD/CAD is trading at 1.4328, up 0.14% on the day. The week wraps up with January employment reports from both Read more…