
Surveillance: Renewed Recession Fears Rattle Wall Street
Bloomberg Surveillance
00:00
Is the Uk. Having a Trade Expansion?
We are short sterling, looking for one 18 in cable. And i think with the nonlinon non linear moves i just described in uradola, cable could go below that as well,. It's just a question of how much lower. The bank of england's less hawkish than over central banks. Yields less attractive to foreign investors. Trade surplus t doesn't exist. It's a deficit, and it's getting wider. But a key difference is the u k. Has for exit. Of course, not come on to bthe uk. Raised taxes, national insurance taxes went up. Energy subsidies at borris johnson's government announced didn't really
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