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Latest Breaking News On - United kingdom december - Page 1 : comparemela.com

Key Events This Extremely Busy Week: Fed, Treasury Refunding, Jobs, ISM And Earnings Galore

HSBC Forecast: US Dollar Strength to Continue Against Euro, Pound Sterling

HSBC Forecast: US Dollar Strength to Continue Against Euro, Pound Sterling
currencynews.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from currencynews.co.uk Daily Mail and Mail on Sunday newspapers.

Key Events This Week: GDP, PCE And Fed Blackout

Before the Bell: ASX futures slip, S&P 500 extends melt-up

Australian shares are set to edge lower in contrast to gains in Europe and on Wall Street. Oil tops $US80 mark. Bitcoin briefly trades below $US40,000.

Lagarde Pushes Back Against a Springtime Cut

ECB President Lagarde said it is likely the ECB could begin to cut interest rates in the summer. She emphasised however the importance of data coming in late spring, thus reiterating the views of Chief Economist Philip Lane who spoke of the need for Q1 wage data that would not be available until end of April, thus only come in time for the Governing Council meeting in June. GC member Knot also pushed back against springtime rate cuts and market pricing stating, "markets are getting ahead of themselves on cuts".

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