Archive for July 12th, 2016

New Overnight Developments Abroad - Daily Update

Markets Moved Sharply by Politics and the Comments of Officials

July 12, 2016

Three developments cheered markets, which chose to look at good developments rather than the still-tense racial tensions in the United States: Pieces are falling quickly into place for the U.K. to get a new prime minister, Theresa May. In parliamentary testimony, Bank of England Governor Carney hinted that more stimulus will be forthcoming to counter […] More