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BoE's Carney: Business investment in UK has stalled since June 2016 referendum

BoE’s Carney is crossing the wires still with additional comments:

  • BoE’s Carney calls most recent global trade figures ‘poor’.
  • Business investment in UK has stalled since June 2016 referendum.
  • Weak business investment is ‘feeding through’ to productivity.

Carney said earlier:

  • Date of Brexit to have no effect on his tenure at BoE.
  • Lack of agreement on Brexit is a sign of global issues.
  • No-deal Brexit would be first supply shock for an advanced economy in at least 40 years.
  • Risk of no-deal Brexit lowered by last night's agreement.
  • Lack of agreement on Brexit is a sign of global issues.

AUD/USD faces tough resistance up at 0.7207

After a surprisingly soft reading on U.S. core inflation pushed Treasury yields and a softer U.S. dollar lower yesterday, the Australian dollar flatli
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EUR/GBP Technical Analysis: Trapped in a barbwire pattern

EUR/GBP daily EUR/GBP is trading in a bear trend below its main simple moving averages (SMAs). EUR/GBP is rejecting both the 0.8650 level and the 50 S
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