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15 Jun 2017

RBA’s Debelle: Will require counterparties to commit to global FX code

RBA assistant governor Guy Debelle crossed the wires last minutes, via Reuters, making a speech on the recently launched global FX code.

Mr. Debelle made no comments on the economy nor monetary policy outlook.

Key Quotes:

"We will require that our counterparties sign the Statement of Commitment, just as we will ourselves"

"Adhering to the code is likely to become a requirement of Foreign Exchange Committee membership, in many cases before year end"

Jun 15, 2017

UK: Retail sales highlights growth risks trump inflation fears - ING

UK reported weak retail sales amidst deepening political and economic uncertainty which are more important issues for the BoE than a temporary rise in
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Jun 15, 2017

BoE: Expect another 7-1 vote for an unchanged Bank Rate – Goldman Sachs

At today’s BOE meeting, just one week after the UK election, analysts at Goldman Sachs expect another 7-1 vote for an unchanged Bank Rate and an unani
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