10 things you need to know in markets today
|06/29/2017||Posted by BusinessMediaguide.Com under General World News||
Good morning! Here’s what you need to know in markets on Thursday.
1. The value of the pound jumped on Wednesday afternoon after Bank of England Governor Mark Carney hinted that he could be close to voting for a hike in interest rates during a panel appearance. A week ago he said “now is not yet the time” for an increase.
2. Investors in the Co-op Bank’s bonds are facing the second big reduction in the value of their holdings within four years after the struggling lender revealed the terms of a £700 million bailout, the Times reports. Retail bondholders read more >>>