European session review: GBP depreciates amid renewed coronavirus fears
18.03.2020, 12:28

European session review: GBP depreciates amid renewed coronavirus fears

TimeCountryEventPeriodPrevious valueForecastActual
10:00EurozoneTrade balance unadjustedJanuary23.13.91.3
10:00EurozoneHarmonized CPI ex EFAT, Y/YFebruary1.1%1.2%1.2%
10:00EurozoneHarmonized CPI, Y/YFebruary1.4%1.2%1.2%
10:00EurozoneHarmonized CPIFebruary-1%0.2%0.2%


GBP fell against most major currencies in the European session on Wednesday as coronavirus fears renewed, offsetting stimulus hopes. Market participants shrugged aside the UK government's pledge to launch a 330 billion-pound lifeline of loan guarantees and provide a further 20 billion pounds in tax cuts, grants and other help for businesses facing the risk of collapse from the spread of coronavirus. The UK's Chancellor Rishi Sunak said that Tuesday’s package of measures is unprecedented, although the UK issued guarantees of around 1 trillion pounds during the global financial crisis of 2008.

The coronavirus death toll in Britain rose by 16 to 71 on Tuesday, while the number of confirmed Covid-19 cases surged by 407 to 1,950.

Some scientists criticized the UK's government for moving more slowly than other European countries to limit the spread of the coronavirus. Prime Minister Boris Johnson on Monday tightened restrictions, ordering people to avoid pubs, clubs, restaurants, cinemas and theatres.

Investors are also looking for another interest rate cut, possibly before the Bank of England's (BoE) next scheduled meeting on March 26.

The BoE's newly-appointed governor Andrew Bailey made a promise to “prompt action” on Monday, less than a week after an emergency quarter-point interest rate cut. The UK's central bank is also expected to expand its quantitative easing (QE) program.

© 2000-2025. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik