Today focus will be on the UK

Review: Unexpected easing on the part of Turkey. The UK: Central bank governor’s statements weaken GBP. Yesterday Mervyn King, the UK central bank governor, stated that the economic data for Q4 2012 to be announced soon will be poor (we have stated that for quite some time). Moreover he stated that the central bank is prepared to do more and that the benchmarks of the central bank (in respect of inflation) should be revised with respect to “fine-tuning”. Turkey: Surprise easing by the central

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Today focus will be on the UK

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