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manufacturing sector pushes back

 
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manufacturing sector pushes back
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nirvanatgr
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Joined: 11 May 2011
Posts: 1563

Post manufacturing sector pushes back Reply with quote
Unexpectedly weak data from the U.K.
manufacturing sector pushes back
the likelihood of an interest
rate hike sending the Pound Sterling broadly lower in Asian trading.
As reported at 2:34 p.m.
(JST) in Tokyo, the Pound Sterling traded lower against the safe haven Swiss Franc at 1.4180,
a decline of 1.5%. Against the U.S. Dollar,
the Pound posted its largest single day drop in more than three months,
falling to $1.4646 before rebounding to $1.6480.
The Bank of Englands monetary policy committee meets tomorrow,
with the discussion likely revolving around an interest rate hike;
most analysts agree that an increase is not in the works at this time.bingo games
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