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2 HOURS AGO - Zero Hedge

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Europe's Spiralling Game Of Chicken - Politics Always Trumps Economics

Submitted by Ben Hunt via Salient Partners' Epsilon Theory blog, There are decades where nothing happens; and there are weeks where decades happen.– Vladimir Lenin (1870 – 1924) In 1914, Europe had arrived at a point in which every country except Germany was afraid of the present, and Germany was afraid of the future. – Sir Edward Grey (1862 – ...

Tags: Europe's Spiralling Game Of Chicken - Politics Always Trumps Economics,  Bank Of England Latest News

16 HOURS AGO - Zero Hedge

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Frontrunning: July 7

Greece faces last chance to stay in euro as cash runs out (Reuters) Tsipras Begins Brussels Campaign to Keep Greece Inside the Euro (BBG) Greek Crisis Shows How Germany’s Power Polarizes Europe (WSJ) Eurogroup Head Dijsselbloem Calls for ‘Credible’ Greece Package (BBG) Europe Not Playing ‘Domino Theory’ Leaves Markets Calm on Greece (BBG) China stocks fall again despite support measures ...

Tags: Frontrunning: July 7,  Bank Of England Latest News

16 HOURS AGO - Benzinga

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GBP/USD Sharply Lower

GBP/USD is trading at 1.5455, down 0.0139. Market chatter about the Bank of England Monetary Policy meeting on Thursday continues. U.K. Industrial Production data came out at up 0.4 percent month-over-month and up 2.1 percent year-over-year. Manufacturing production was down 0.6 percent and year-over-year it was up 1 percent.

Tags: GBP/USD Sharply Lower,  Bank Of England Latest News

JUL 06, 2015 - Benzinga

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GBP/USD Little Changed

GBP/USD is trading at 1.5549, unchanged on the session and down about 0.40 from Thursday's pre-holiday session. Market chatter about comments from European political and economic policy's officials regarding the Greek vote has kept trading mostly range-bound. Market talk about the Bank of England Monetary Policy meeting on Thursday is making the rounds.

Tags: GBP/USD Little Changed,  Bank Of England Latest News

JUL 05, 2015 - Business Insider

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Britain's banks could be hit by a Greek domino effect if things get any worse

The Bank of England is worried that the Greek debt crisis could spill over into other European nations like Portugal, Spain, Italy, Romania, and Bulgaria, if things get any worse. The central bank put out its latest Financial Stability Report today, which measures all the potential risks to Britain's banking system and tries to grade how serious it thinks each one ...

Tags: Britain's banks could be hit by a Greek domino effect if things get any worse,  Bank Of England Latest News