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UK budget: Growth forecasts revised down to 1.5% for 2017 - ANZ

UK budget had growth forecasts revised down to 1.5% for 2017, 1.4% in 2018 and 1.3% in 2019, notes the research team at ANZ.

Key Quotes

“This means higher deficits in 2019 and beyond, but below a self-imposed target of 2%. There were new measures to improve housing affordability. This included abolishing tax on home purchases for first-time buyers and building more affordable homes. There was also new spending on health services and smoother access to welfare benefits.”

FOMC minutes: No material changes for the medium-term outlook - Nomura

The minutes from the 31 October – 1 November FOMC meeting contained no material change in the Committee’s view for the medium-term outlook as most par
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Crypto Today: Bitcoin, Ethereum hold steady amid lack of fresh catalysts

Bitcoin, BTC/USD, extended its consolidative mode near record highs into a third day today, as markets await fresh impetus for the next direction. Mea
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