All forecasts and opinions on 2 May 2019

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02.05.2019

Bank of England in Search of New Governor

As Mark Carney is set to step down as governor of the Bank of England at the end of January 2020, the treasury is on the lookout for his successor. Carney, who has been in the role since July 2013 and has stayed on in order to ensure stability in the mists of the aftermath of Brexit, told Sky News in an interview that there was “absolutely no” chance of him staying on after January 31. This statement comes even after he has warned that the risk of a Brexit no-deal is “alarmingly high.

Maria Gregoriou

02.05.2019

U.S. Interest Rates Remain Stable

The U.S. Federal Reserve (Fed) Chairman Jerome Powell rejected the idea that an interest-rate cut might be in the cards to the U.S. during a news conference in Washington on Wednesday after the committee’s meeting. “We are strongly committed to our two percent inflation objective and to achieving it,” Powell said. This statement comes at a time when investors are on the lookout for a rate cut and President Donald Trump is insisting on one.

Maria Gregoriou

Quotes

	Symbol	Bid	Ask	Time
	AUDUSD
	EURUSD
	GBPUSD
	NZDUSD
	USDCAD
	USDCHF
	USDJPY
	XAGEUR
	XAGUSD
	XAUUSD

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