Central bank capitulation? [Video]

LMAX Group Research Desk LMAX Group

Broadly speaking, Wednesday was a turnaround day for financial markets. We saw a round of profit taking on US Dollar longs and renewed demand for US equities. A lot of the attention however was focused on developments out of the UK, where the BOE joined the ranks of the BOJ and ECB in printing money to defend the local bond market.

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LMAX Group Research Desk

LMAX Group

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