The currency that the new governor of the Bank of England is leaving behind, managed to quietly slip to a 10-week low on Friday. It was not even in sympathy to its sister currency’s plight ‘down-under.’ Friday’s reasons had more to do with its domestic CPI print proving that inflation can still surprise on the downside. This seems to be the new global reality – domestic inflations are benign. However, it’s not governor Carney’s concern anymore. When monsieur Poloz takes [...] read more
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US Dow : Dow Jones Industrial Average is a price-weighted average of 30 of the largest and most widely held public companies in the United States. DJIA is most widely used indicator of the overall condition of the stock market.