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Summary
So the people have spoken, that is they thought its what they wanted and markets expressed their opinions with a thrashing of the British Pound. As the post party hangover settles Britons face prospects of an even smaller union and the markets question the prominence of the City as a premiere financial center. Join us as we explore the possibilities and consider the policy options that is facing the Bank of Englands MPC.
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Here is what you need to know for Friday, March 6:
The US Dollar (USD) is being supported by crude oil prices, which rose to its highest level since July 2024, amid headlines of potential interruptions to the Strait of Hormuz and attacks on vessels in the region.