Trading news

Britain might borrow 65 billion pounds

Britain might borrow more in the upcoming years, compared to the initial estimations, approximately 65 billion pounds or $85 billion, Philip Hammond, the nation's new finance minister, said.

Britain's borrowing to increase more since 2010

Based on the economists' and rating agencies' expectations, the borrowing will highly likely increase for the first time since 2010.

According to Hammond's statement, having taken office two weeks ago, the British economy needs to change, amid placing the numbers in a proper manner.

Read More

Tuesday, 26 Jul, 2016 / 8:20

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source : https://www.argusfx.com/en/research-education/market-analysis/news/britain-might-borrow-65-billion-pounds

Trading news

 

OIL struggling to break past 54 – US OIL Market Outlook – 21/01/2021

WTI Crude hit our short support target at $53 after API inventory showed a [...]

Posted on Thursday, 21 Jan, 2021 / 9:19 under

Investors welcome the 46th US President with a RECORD high – DOW JONES Market Outlook – 21/01/2021

US stocks are set to rise higher today on optimism over the new administration [...]

Posted on Thursday, 21 Jan, 2021 / 9:16 under

Dollar Retreats Ahead Of Inauguration

The dollar index slid 0.25% lower yesterday as the 45th President exited the [...]

Posted on Wednesday, 20 Jan, 2021 / 1:36 under