Pound jumps after Haldane turns hawkish and UK deficit falls – as it happened
All the day’s economic and financial news, including a new healthcheck on Britain’s public finances
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Traders are edgy this morning after the oil prices tumbled to seven-month lows.
Oil enters a bear market, again. Good morning Asia pic.twitter.com/2YBS9ihxy1
High levels of storage -Oil price fell 2% officially entering bear market territory #gulfintelligence#oil&gas pic.twitter.com/N6XhSsIBJt
As for the black gold, investors are becoming a little anxious towards the rising production out of Libya, however, OPEC has stated it before that the production level out of Libya is already taken into account in the part of their production cut strategy. Saudi Arabia also reported higher export data on Tuesday.
It is important that not only production cuts are under control but also the export numbers as well.
Its understood there will be 8 Brexit related bills in Queens speech #maastrichtonstilts
Govt to shelve planned energy bill price cap in Queens Speech. Will instead become a consultation.Continue reading...