Month: November 2019

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The election will take place on December 12 Bank of America Merrill Lynch Global Research discusses GBP outlook ahead of next month’s UK elections. “Are we finally heading for some closure on phase 1 of Brexit? Possibly but not certainly. The House of Common‘s last night authorised a 12 December UK general election. Assuming the legislation
Highlights of the October US employment report: Prior was +136K (revised to +180K) Estimates ranged from +25K to +140K Two month net revision +95K Unemployment rate 3.6% vs 3.6% expected (prior 3.5%) Participation rate 63.3% vs 63.1% exp (63.2% prior) Avg hourly earnings +0.3% m/m vs +0.2% exp Avg hourly earnings 3.0% y/y vs +3.0%
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China’s recent multi-front embrace of blockchain technology has divided the global cryptocurrency community. While some see it as helpful validation, others worry that crypto is diverging further from its anti-authoritarian roots. Authorities in China have long discouraged investment in grassroots cryptocurrencies like bitcoin. But the world’s most populous country is making significant progress with plans