GBP/USD slides amid gilts firesale Sterling drifts lower amid a liquidity crunch in the UK’s gilt market. In an attempt to prevent the market’s collapse, the Bank of England has been forced to step in to buy back bonds owned by the country’s major pension funds. The systemic risk is yet to dissipate and investors […]
The post BoE to Contain Gilt Crash and Save Sterling appeared first on Action Forex.
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Restaurants have struggled as consumers have been pulling back spending and trading down in their choice of where to eat. That has led to high-proifle closures including Smokey Bones shutting many of its stores and Read more…
Meta Platforms (META) is apparently weighing a sweeping workforce shake-up, according to a scathing new report. According to a Seeking Alpha report citing Reuters, Meta executives are exploring layoffs that could affect 20% or more Read more…