The Traderszone Network

Published in TZ Latest News 1 December, 2015 by The TZ Newswire Staff

BOE’s Carney says UK banks more resilient than before financial crisis

BOE presser now underway
– higher capital costs ultimately passed to borrowers
– no new wave of capital regulation coming. No Basel IV
– UK banks are most of the way there on capital, well ahead of 2019 deadline
Meanwhile GBPUSD struggling to hold gains above 1.5100.. Currently 1.5098 after posting 1.5110 Friday highs