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Here is the 2018 outlook for major central banks

With the ongoing synchronized pick-up in global growth, systemically important central banks will likely be more willing and able in 2018 to start and, in one case continue, the normalisation of monetary policy. But what is true for the central banking community as a whole is more nuanced when assessed at the level of individual institutions. Here is the outlook ...

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Pound to face twin forces of BOE, Brexit once again

Bloomberg With an initial Brexit deal out of the way, pound traders will be focussing on whether optimism over that lasts and shifts the Bank of England’s thinking this week. Even with an agreement to move Brexit talks on to trade and no expectations for the BOE to change interest rates, news on either front could drive the currency, according ...

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Major markets rise, led by Saudi and Egypt

Reuters Major Gulf stock markets rose on Sunday in line with strength in global bourses at the end of last week, with Saudi Arabia and Egypt leading. The Saudi index rose 0.8 percent points to 7,145, bouncing for a second straight day from technical support around 7,000 points in very heavy trade. Real estate firm Dar Al Arkan, the most ...

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