GBP collapsing on King comments |
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Mervyn King had some extremely bearish comments yesterday. MAJOR HEADLINES – PREVIOUS SESSION BoE's King-UK economy likely entering recession British economy to shrink 0.9 pct in '09-NIESR think tank Australia Q3 CPI +5.0 PCT YR/YR vs +4.8 PCT expected NZ puts a cap on bank deposit guarantee scheme at NZD1 mln for retail investors BOC cuts rates by a less-than-expected 25bp Key Events: Read More...
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