Citing an internal EU document, Reuters’ Gabriela Baczynska recently reported that EU negotiators were ready to offer British Prime Minister Theresa May a free-trade area after Brexit and added: “contrary to her “Chequers” plan, there must be a customs border that will make trade less than frictionless.” Key quotes “The document – three pages of “defensive
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The Bank of Japan (BoJ) have dropped their latest Monetary Policy Meeting Minutes, covering the central bank’s meetings from July 30th and 31st of this year, and the long-dated release schedule of the BoJ’s minutes leaves a significant gap between the internal meetings and any policy changes that might be undergone immediately following. Key highlights
Anders Svendsen, an economist at Nordea Research, in an article titled, ‘ECB: The market is gearing up for a hawkish shift’, explained that when Draghi expects a relatively vigorous pick-up in underlying inflation then markets move.  Key Quotes: “We do not read new policy signals from today’s remarks, but Draghi does sound more confident on
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