It’s back to reality as optimism fades – Saudi Gazette
- Date: 07-May-2020
- Source: Saudi Gazette
- Sector:Financial Markets
- Country:Saudi Arabia
It’s back to reality as optimism fades – Saudi Gazette
But following the BoE's rapid and sharp policy response to the coronavirus crisis, investors know that the bank is ready to further loosen its purse's strings, if needed.. The market reaction to the BoE decision will likely remain subdued.. If anything, the dovish BoE would give support to sterling improving prospects of recovery in Britain.. The next round of negotiations is due next week, but with politicians busy with the coronavirus crisis, it may be difficult to find a compromise on both the UK and the European side.. Wind power will be a key building block for economic recovery: Industry.