{"id":20253,"date":"2019-09-11T10:00:34","date_gmt":"2019-09-11T09:00:34","guid":{"rendered":"http:\/\/starthostunlimiteddmffassi-ss.stackstaging.com\/etfworld.co.uk\/?p=20253"},"modified":"2020-05-12T10:55:54","modified_gmt":"2020-05-12T09:55:54","slug":"sterling-steadies-ahead-of-deadline","status":"publish","type":"post","link":"https:\/\/www.etfworld.com\/nl\/sterling-steadies-ahead-of-deadline\/","title":{"rendered":"Sterling Steadies Ahead Of Deadline"},"content":{"rendered":"<p style=\"text-align: justify;\">Sterling was stable on Tuesday as investors kept their hands off the British currency, given that the risk of Britain crashing out of the European Union without a divorce deal on October 31st remained high&#8230;..<!--more--><span id=\"more-32986\"><\/span><\/p>\n<p style=\"text-align: justify;\"><strong><a href=\"http:\/\/starthostunlimiteddmffassi-ss.stackstaging.com\/etfworld.co.uk\/newsletter\" class=\"broken_link\">Sign up to our free newsletters<\/a><\/strong><\/p>\n<hr \/>\n<p style=\"text-align: justify;\"><strong>RationalFX<\/strong><\/p>\n<hr \/>\n<p style=\"text-align: justify;\">The probability of a no-deal Brexit was still very much a concern for traders as Prime Minister, Boris Johnson, reiterated that he will take the country out of the bloc on deadline.<\/p>\n<p style=\"text-align: justify;\">Even though the British Parliament approved a legislature which forces Johnson to request a deadline extension from Brussels if he cannot agree on a deal with the EU by mid-October, the Prime Minister said he would not do such a thing.<\/p>\n<p style=\"text-align: justify;\">Johnson\u2019s senior adviser, Dominic Cummings, said the United Kingdom will leave the EU on time.<\/p>\n<p style=\"text-align: justify;\"><strong>EUR<\/strong><\/p>\n<p style=\"text-align: justify;\">Investors are weighing whether further monetary stimulus will be effective in countering economic weakness in the euro zone, and whether the ECB will disappoint dovish expectations baked into the market.<\/p>\n<p style=\"text-align: justify;\">ECB policymakers are leaning towards a stimulus package that includes a rate cut, a beefed-up pledge to keep rates low for longer and compensation for banks over the side effects of negative rates, five sources familiar with the discussion said last week.<\/p>\n<p style=\"text-align: justify;\">The Euro got a temporary boost on Monday, following a report that Germany is considering the creation of a \u201cshadow budget\u201d that would enable Berlin to boost public investment beyond the restrictions of constitutionally enshrined debt rules.<\/p>\n<p style=\"text-align: justify;\">Germany can counter a possible economic crisis by injecting \u201cmany, many billions of euros\u201d into the economy Finance Minister, Olaf Scholz, said on Tuesday, signalling his readiness for a big stimulus package if the economy tips into recession.<\/p>\n<p><strong>Key Announcements<\/strong><\/p>\n<p>15.30 \u2013 USD \u2013 Crude Oil Inventories; forecast at -2.9M against previous of -4.8M.<\/p>\n<p style=\"text-align: justify;\">Source : ETFWorld.co.uk<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sterling was stable on Tuesday as investors kept their hands off the British currency, given that the risk of Britain crashing out of the European Union without a divorce deal on October 31st remained high&#8230;..<\/p>\n","protected":false},"author":4,"featured_media":18258,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"telegram_tosend":false,"telegram_tosend_message":"","telegram_tosend_target":0,"footnotes":"","_wpscp_schedule_draft_date":"","_wpscp_schedule_republish_date":"","_wpscppro_advance_schedule":false,"_wpscppro_advance_schedule_date":"","_wpscppro_dont_share_socialmedia":false,"_wpscppro_custom_social_share_image":0,"_facebook_share_type":"","_twitter_share_type":"","_linkedin_share_type":"","_pinterest_share_type":"","_linkedin_share_type_page":"","_instagram_share_type":"","_medium_share_type":"","_threads_share_type":"","_google_business_share_type":"","_selected_social_profile":[],"_wpsp_enable_custom_social_template":false,"_wpsp_social_scheduling":{"enabled":false,"datetime":null,"platforms":[],"status":"template_only","dateOption":"today","timeOption":"now","customDays":"","customHours":"","customDate":"","customTime":"","schedulingType":"absolute"},"_wpsp_active_default_template":true},"categories":[320],"tags":[322,321,278],"class_list":["post-20253","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-analysis","tag-gbp","tag-rationalfx","tag-sterling"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"_links":{"self":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts\/20253","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/comments?post=20253"}],"version-history":[{"count":1,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts\/20253\/revisions"}],"predecessor-version":[{"id":20254,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts\/20253\/revisions\/20254"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/media\/18258"}],"wp:attachment":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/media?parent=20253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/categories?post=20253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/tags?post=20253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}