Bank of England and Fed Examine Traders’ Access to Audio Feeds

Bank of England and Fed Examine Traders’ Access to Audio Feeds – Financial Times

The US and UK central banks are scrutinising their broadcast feeds for potential weak spots after the revelation that some traders and hedge funds may have been paying for early audio access to the Bank of England’s press conferences.

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Hedge Funds Eavesdrop on Vital Bank of England Briefings

Hedge Funds Eavesdrop on Vital Bank of England Briefings – The Times

Following inquiries by The Times, the Bank has discovered that one of its suppliers has been sending an audio feed of its press conferences to high-speed traders who hope to profit by acting on the governor’s comments before the rest of the world.

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Johnson Takes Tough New Line on Brexit Trade Talks

Johnson Takes Tough New Line on Brexit Trade Talks – The Times

Boris Johnson will redraw his Brexit bill this week to make it illegal for parliament to extend the transition period – a move that will put him in direct conflict with Brussels.

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US and China Reach a Trade Agreement, But Some Key Details are Still Unclear

US and China Reach a Trade Agreement, But Some Key Details are Still Unclear – CNBC

After the US and China announced progress on a trade agreement, a critical point of the deal remains in question: agricultural purchases.

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Pound Soars as Johnson Scores Landslide British Election Win

Pound Soars as Johnson Scores Landslide British Election Win – Reuters

The pound surged more than 2% on Thursday as Prime Minister Boris Johnson’s Conservative Party won a resounding election victory that markets believe makes an orderly British exit from the European Union all but certain.

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Sterling Derivative Markets Flash Red as British Election Gets Underway

Sterling Derivative Markets Flash Red as British Election Gets Underway – Reuters

Traders rushed to the foreign exchange derivative markets on Thursday to protect their exposure to the British pound in case of a surprise election outcome.

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UK’s Johnson Now Less Certain of Election Victory: YouGov

UK’s Johnson Now Less Certain of Election Victory: YouGov – Reuters

Britain’s election race has tightened markedly over the past two weeks and Prime Minister Boris Johnson is now likely to win only a modest majority in Thursday’s vote, according to a closely watched forecast.

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