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GBP: BoE's easing cycle weighs on currency – HSBC
HSBC analyzes the implications of the Bank of England's (BoE) recent rate cut on the British pound (GBP). The report notes that the BoE's ongoing easing cycle may lead to the GBP underperforming against other currencies like the AUD and NZD, which are expected to see rate increases.
Fxstreet
Mon, Dec 22
ECB’s Simkus: Inflation to stay near 2% target in the medium term
European Central Bank (ECB) Governing Council member and head of Lithuania's central bank, Gediminas Simkus, said during European trading hours on Monday that the Eurozone economic growth has improved, but is still sluggish, with inflation seen staying near 2% in the medium term.
Fxstreet
Mon, Dec 22
Greece's current account deficit widens in October
Dec 22 (Reuters) - Greece's current account deficit widened to 1.09 billion euros ($1.28 billion) in October, up 449.5 million euros from a year earlier, as weaker primary and secondary income balances offset gains in goods, data from the Bank of Greece showed on Monday.($1 = 0.8522 euros)Reuters
Mon, Dec 22
EXPLAINER-How a five-yearly Communist Party congress will pick Vietnam's next leaders
By Francesco Guarascio HANOI, Dec 22 (Reuters) - Vietnam's ruling Communist Party will convene its 14th five-yearly congress on January 19-25 to select top leaders and set key targets until 2030. HOW IS THE LEADERSHIP DECIDED?About 1,600 delegates, representing more than 5 million party m...Reuters
Mon, Dec 22
GBP/USD gains ground near 1.3400 ahead of UK Q3 GDP data
GBP/USD gains ground after three days of losses, trading around 1.3390 during the Asian hours on Monday. The pair depreciates as the Pound Sterling (GBP) holds ground ahead of the release of the United Kingdom (UK) Gross Domestic Product (GDP) for the third quarter.Fxstreet
Mon, Dec 22
Israel PM Netanyahu plans to brief Trump on potential new Iran strikes
Israel's Prime Minister Benjamin Netanyahu said over the weekend that officials are growing worried that Iran is expanding production of its ballistic missile program, which was damaged by Israeli military strikes earlier this year, NBC News reported.Fxstreet
Mon, Dec 22
