UK

grain price

Supply shortage boosts Grains prices for the fourth session

Grain prices continued to increase. Chicago soybean futures climbed for a fourth consecutive session on Wednesday. They are trading close to their highest level in more than five weeks. The most active soybean contract on the CBOT gained 0.5% to $14.14-1/2 a bushel. This rise is due to the shipping delays in Brazil, the world’s biggest exporter.  …

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british pound

British Pound soared on Tuesday while Dollar remained steady

The U.S. dollar was steady in early European trading on Tuesday. The currency fluctuated slightly, remaining primarily unchanged. However, it had tumbled down to a near six-week low during the previous session. Federal Reserve Chairman Jerome Powell was due to speak at his semi-annual testimony at Congress. While investors awaited his speech, they rallied the …

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UK

UK jobless data hikes during the last quarter of 2020

In the last three months of 2020, UK jobless rate hiked to its highest in the last five years at 5.1%. The results came in line with analysts’ expectations. On the other hand, experts believe that it could have been worse without the government’s coronavirus unemployment support. The Job Retention Scheme, which Finance Minister Rishi …

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Brexit

UK Parliament Approves Brexit Trade Deal

British lawmakers approved Wednesday Prime Minister Boris Johnson’s post-Brexit trade deal with the European Union. Both sides were looking to begin a new chapter of relations with a new agreement. On Wednesday, the European Union and Britain signed the deal, and the British Parliament will finalize its implementation. This ended over four years of negotiation, …

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people on street in uk

UK : People with Severe Allergy Shouldn’t Get Pfizer Vaccine

People with a significant history of allergies should not receive Pfizer Inc.  (NYSE:PFE) and  BioNTech SE’s (NASDAQ:BNTX) Covid-19 vaccine. This was a statement from the U.K.’s National Health Service, after two people experienced reactions from the shots. The warning came on Wednesday, a day after the U.K. began a Covid vaccination program. It became the …

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British Pound, UK

UK Government Preparing For No-Deal Brexit, While The Pound Rallies

 The GBP/USD currency pair later recovered even after the UK declared it was actively managing a no-deal Brexit position as the October 15 deadline approaches. The GBP/USD currency pair later surged even after the UK declared it was actively preparing a no-deal Brexit situation as the October 15 deadline nears. On Wednesday, the GBP/USD currency …

UK Government Preparing For No-Deal Brexit, While The Pound Rallies Read More »

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