The GBP grows strongly: the Bank of England is configured decidedly

US equities stopped returned early profits and fell again due to geopolitical factors and decisive statements by several representatives of the FED. Geopolitical factors, like intention of North Korea at testing missiles and developing their own nuclear capabilities. While South Korea wants to protect itself and insists on the need for negotiations with the US and China regarding the THAAD missile defense complex.
FED’s members shows strong position is expressed in their confidence in the need to raise rates as soon as possible. They also speak of a second increase immediately after the first, as well as a reduction in the balance of the FED. Asian stock indices and indices didn’t follow the example of Wall Street and are traded in the green zone. Continue reading