Bank of England Brexit forecast ‘STUPID’: Warning interest rates could fall BELOW zero

THE Bank of England’s Brexit forecast which suggest interest rates could surge to 5.5 percent has been branded “stupid” by a former policymaker, who warned they could in fact be cut below zero for the first time in history. Daily Express :: Finance Feed

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China yuan ‘could fall FURTHER against US dollar within the next SIX MONTHS’

CHINA could be set to see its yuan crippled further within the next six months, after a year which has seen the Chinese currency lose around 6 percent already against the US dollar. The gloomy prediction came from a Goldman Saches analyst, who told CNBC a decline against the American greenback is looking more likely after a turbulent few months for the yuan. Daily Express :: Finance Feed

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How firms can prosper as customers fall in love with experiences 

Experiences are the big attraction now, persuading consumers to splash the cash, and winning out over a splurge on material possessions, latest findings from Barclaycard suggest. Half of consumers surveyed by the payments provider would rather spend money on having a good time and having the memories to enjoy afterwards.  Daily Express :: Finance Feed

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Dow Jones DROPS by 300 points – shares in tech giants Amazon, Microsoft, Intel fall

THE Dow Jones tumbled by more than 300 points today while shares in technology giants saw a heavy decline. The Dow Jones Industrial Average was trading around 320 points lower this afternoon, as the technology-heavy Nasdaq Composite dropped 1.8 percent. Daily Express :: Finance Feed

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Oil prices FALL as Trump ‘considers granting waivers to sanctions against Iran exports’

OIL prices have fallen after the Trump administration suggested the US could soften sanctions against Iran – granting waivers for countries pledging just to REDUCE their reliance on the middle eastern state. The drop also comes after Saudi Arabia claimed it has already replaced Iranian crude lost to US sanctions. Daily Express :: Finance Feed

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