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The reaction to the latest policy decision from the BOE has dented the pound and push the FTSE 100 to a new record high above 8,375. The index was gagging for this anyway by the looks of it and that voting split sent a slightly dovish tone to the markets and has helped the FTSE 100 to reach a new all time high just now. The upgrading in the Banks growth forecast has also helped the index too. The markets will now move on, to see what the BOE governor and his colleagues have to say in the upcoming press conference, dissecting this decsion.
As noted a couple of times this week, there will be no Quick News updates next week. That is due to absence. However, there are some important events...
As the US stock markets reopen, gold has lurched higher. Earlier it was probing levels above $2,390 and then it took out the previous high just above...
On Wednesday when the EUR/USD lifted above a noted down trend line support, the move extended to a high at 1.0869. That was all driven by the latest...
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