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BoE’s Greene: Pricing partly reflects global factors

Bank of England (BoE) policymaker Megan Greene said on Tuesday that “pricing partly reflects global factors.”

Further comments

  • Not all market pricing focused on UK.
  • I am more concerned about supply side.
  • Exchange rates haven't gone as theory suggests.
  • A falling dollar would be disinflationary for UK.
  • Too early to say where the dust will settle on the US Dollar strength.
  • There is no sign of shakeout in labour market yet.
  • UK wage growth remains pretty high.
  • Services points to inflation persistence.
  • I am more worried about services inflation than wages.
  • Tariffs are more of a disinflationary risk.
  • Rise in inflation expectations worrisome.

Oil caught up in risk-off move – ING

Oil, though, was unable to escape the broader risk-off move in markets yesterday. ICE Brent settled 2.5% lower on the day, ING's commodity experts Ewa Manthey and Warren Patterson note
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Silver price today: Silver falls, according to FXStreet data

Silver prices (XAG/USD) fell on Tuesday, according to FXStreet data.
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