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Daily News - 9 September

Written by
OvalX team
Published on
September 9, 2022

The UK is in mourning today, putting a muted tone on the standard day-to-day market machinations.

Royal Mail workers due to start industrial action on Friday have suspended their industrial action after the death of Queen Elizabeth II.

The latest polling has economists viewing the chance of a 75bp hike by the Bank of England next week as falling under 50 percent, as expectations that it can follow similar moves by both the Fed and ECB fades.

India announces it has banned exports of broken rice and placed a 20 percent duty on exports of various grades of rice as the largest rice exporter attempts to calm local prices after lower than usual monsoon rains.

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