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Elections & Central Banks In Focus This Week
Following the bond sell off’s last week after the Chancellor’s Autumn budget, the Pound has managed to steady itself going into the new week, as it seems Gilt investors are convinced of the Government’s spending plans- how this plays out over coming months is still unknown but for now it looks like the dust has settled from a bonds perspective- going into this week we have a few major events which should give us a relatively volatile week on the market. Without question- the most important event this week is the U.S. presidential election on Tuesday (Nov 5th)- it is unlikely we will have a result that day so we ... (full story)