Reuters poll also showed Brazil’s inflation will likely breach target ceiling during presidential election campaign, despite c.bank efforts
Brazil will raise interest rates by 25 bps to 11% next week, according to all 62 economists polled by Reuters. Most see another hike in May
LONDON (Reuters) – Germany joined Britain on Thursday in calling for European Union reforms that are fair to (EU) countries outside the euro zone, bolstering British Prime Minister David Cameron’s attempts to placate eurosceptics at home.
In a joint editorial in the Financial Times, British and German finance ministers George Osborne and Wolfgang Schaeuble said it was important that EU countries outside the euro zone – like Britain – are not disadvantaged by deeper integration of the currency union.
LONDON, March 26 (Reuters) – Britain and China will sign an
agreement next week to set up the first clearing service for
renminbi trading outside Asia, putting London in a prime
position to offer yuan trade business in Europe.
China has been a key focus of finance minister George
Osborne’s efforts to boost exports of financial services from
Britain, which was the first Group of Seven country to agree a
renminbi swap line with the People’s Bank of China last year.