Thursday 22nd June 2017

In the UK Her Majesty rattled through the government’s plans for the next two years before charging off to Ascot. There was a mooted reaction on the markets, but moments later word came through that, at the last Bank of England policy meeting, chief economist Andy Haldane almost voted to raise rates. As NAB’s Rodrigo Catril explains to Phil Dobbie, it bolstered the pound today, whilst commodity currencies took a hit as oil prices fell still further.