Sterling made the first week of gains in eight against the dollar on Friday as expectations persisted that the Bank of England may become the first major central bank to raise interest rates since the financial crisis. 273 more words
Tags » BOE
I was greatly influenced by Ray Dalio’s essay on how her perceived the economy to be a machine and how does it work.
The essay can be found here: http://www.bwater.com/Uploads/FileManager/research/how-the-economic-machine-works/How-the-Economic-Machine%20Works–A-Template-for-Understanding-What-is-Happening-Now-Ray-Dalio-Bridgewater.pdf… 307 more words
It has been a mixed week for sterling as strength against the euro has dried up as we close out the week. We did see some kind of fightback against the dollar as well, but the all important Jackson Hole Symposium, which comes to its most important part later today, has seen the dollar strength ahead of key speeches by central bankers later. 518 more words