The Great Debate UK

Post stress tests: lending conditions likely to remain tough

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SnipImage-Jane Foley is research director at Forex.com. The opinions expressed are her own.-

The financial markets have been pre-occupied with all aspects of the EU bank stress tests over the past few weeks.
For the man on the street, however, the debate boils down to just one question: when will credit become cheaper and more readily available?

The Bank of England recently reported that the stock of lending to business contracted by £2.3 billion in May.  Data from major UK lenders has indicated that net lending remained weak in June.

The lack of new credit is frequently blamed for stifling the pace of economic recovery.

Double dip a done deal?

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-Jane Foley is research director at Forex.com. The opinions expressed are her own.-

Earlier this week the S&P 500 was down 15 percent from its April 2010 high.   The ongoing debate on whether the U.S. economy is poised for a double dip recession can be linked with these falls.

Is the re-pricing in stocks and oil complete?

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-Jane Foley is research director at Forex.com. The opinions expressed are her own.-

The better tone in stock indices and oil prices that has appeared this week begs the question as to whether the bout of re-pricing is complete.

Risk aversion comes screaming back

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-Jane Foley is research director at Forex.com. The opinions expressed are her own.-

The Greek fiscal crisis has forced investors to weigh up the risks of sovereign default very carefully.

Subject of Europe set to trip Liberal Democrat Nick Clegg

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Jane Foley- Jane Foley is research director at Forex.com. The opinions expressed are her own. -

Over the past week the British electorate has taken a shine to Liberal Democrat leader Nick Clegg.

UK election boils down to one issue for markets

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JaneFoley- Jane Foley is research director at Forex.com. The opinions expressed are her own. -

Whether the financial markets will view the outcome of the UK general election as a positive or negative depends almost entirely on one issue: the budget deficit.

Double dip or debt crisis for the UK? Sterling heads lower

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-Jane Foley is research director at Forex.com. The opinions expressed are her own.-

The UK may have clawed its way out of technical recession, but over the course of last week data releases highlighted a sharp drop in retail sales and a surge in the claimant count, a spike higher in the inflation rate and record public sector borrowing.

Women on course to control larger proportion of wealth

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- Jane Foley is research director at Forex.com and blogs regularly for Reuters Great Debate. The opinions expressed are her own. Reuters will host a “follow-the-sun” live blog on Monday, March 8, 2010, International Women’s Day. Please tune in. -

Projections indicate that by 2050 the world’s population will stand at around 9.2 billion, up from around 6.7 million at present.  The vast majority of this increase will be in the developing world.  In developed world countries populations may start tapering off after 2025.

Little chance of a rate hike until at least Q3

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cr_mega_503_JaneFoley.JPG-Jane Foley is research director at Forex.com. The opinions expressed are her own. -

Bank of England Governor Mervyn King’s speech this week was well timed insofar as it has nipped in the bud a growing fear that inflation in the UK could be lurching higher.

A tough spring in store for the pound

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foley- Jane Foley is research director at Forex.com. The opinions expressed are her own.-

The pound has started the year on a negative note.  Ongoing concerns over the budget deficit, an impending general election, the prospect that the Bank of England (BoE) may yet increase quantitative easing (QE) and a drop in consumer confidence are all clouding the outlook.

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