Hints and tips:
...The dollar weakened against the euro and pound on Wednesday, sending sterling above $1.30 for the first time since March, after the Federal Reserve ramped up emergency measures to boost dollar liquidity....
...Melissa Davis: This is unlikely....
...Melissa Davies: A rate cut is long overdue, in fact, interest rates could happily return to 25 bps....
...Many would balk at the brutal transparency, but Melissa Werneck, head of human resources at the group, says the company is “unapologetic” about its approach....
...Sterling received a shot in the arm from positive UK labour market data with jobless numbers falling to an eight-month low of 7.7 per cent....
...The S&P 500 US equity index rose 0.7 per cent – putting it within easy reach of its 2007 record closing high – as the FTSE All-World index rose 0.4 per cent and the pan-European FTSE Eurofirst 300 index...
...In New York, the S&P 500 closed down 0.4 per cent. Equity volatility as measured by the S&P Vix dropped a further 2.4 per cent towards 20, well below last week’s spike above 30....
...But if Labour stay in power they will not have the credibility I think if they delay the process to avoid a sterling crisis....
International Edition