China Press: PBOC likely to cut MLF rate in September

According to the latest piece carried by China Securities Journal, analysts are expecting the People's Bank of China (PBOC) to cut its Medium-term lending (MLF) rate this month.

Nothing further was reported on the same.

Sep 4, 2019

GBP/USD risk reversals: Put value has risen sharply in the last seven days

The value of GBP/USD put options or bearish bets has increased sharply in the last seven days, meaning the investors are prepared for a deeper drop in

UN: No deal' Brexit would cost at least $16 billion in UK sales to the EU - Reuters

According to a report published by the United Nations (UN) trade agency UNCTAD late-Tuesday, the UK could lose at least $ 16 billion in sales to the E