Chinese data shrugged off as equity markets edge slightly lower; sterling under pressure as pressure on May mounts; central banks event sees Fed, ECB, BoJ and BoE heads join panel discussion; German GDP and inflation data get us off to an underwhelming start.
Bank of England Governor Mark Carney called on Friday for Britain and the European Union to reach a sweeping deal to recognize each others' bank rules after Brexit or risk a potentially damaging hit to financial services across Europe.
The fast-growing financial technology sector presents potentially major "systemic risks" that need to be addressed by bank regulators around the world, Bank of England Governor Mark Carney said on Wednesday.
This morning we had data from both the UK and Eurozone, while the Bank of England governor Mark Carney was speaking to a committee of MPs on UK inflation and growth outlook, and his future at the bank.
The financial system's ability to cope with Britain's vote to leave the European Union and with doubts over growth prospects show the benefits of rules introduced since the 2008 collapse of Lehman Brothers bank, a global watchdog said today.
Bank of England Governor Mark Carney said on Tuesday a vote by Britain to leave the European Union could hit the country's $2.9 trillion economy and prompt some banks to move away from London's global financial powerhouse.