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16 Mar 2020

London mayor Sadiq Khan to hold emergency economic summit - City AM

According to City AM, London mayor Sadiq Khan “has convened an emergency meeting of business leaders, being held tomorrow, to listen to the concerns of the capital’s firms.“

The UK news outlet cites a close to the mayor, saying, “the moves in the Budget were welcome but there’s an understanding that some of them won’t go far enough for businesses in the capital. The meeting will be a prelude to asking the government for support where it’s needed.”

BOE: Today's actions will ease strains in global funding markets
GBP/USD riding on the coattails of a surprise Fed cut

Mar 16, 2020

BOE: Today's actions will ease strains in global funding markets

The Bank of England (BOE) outgoing Governor Carney and incoming Chief Bailey were out on the wires last minutes, expressing their take on the global c

BOJ to hold emergency meeting at 0300 GMT

The Bank of Japan (BOJ) announces that it will hold an emergency one-day monetary policy review meeting on Monday at 0300 GMT instead of March 18-19 s