BoE's Deputy Governor Cunliffe: COVID crisis is very far from over

Market news

9 June 2020

BoE's Deputy Governor Cunliffe: COVID crisis is very far from over

Likely to be great deal of pain for financial sector
Another sharp repricing of risk is still possible but first stage of crisis is over
UK could suffer more adverse outcomes than in BoE's May scenario

ECB's Executive Board Schnabel: Bond-buying currently more effective than negative rates

EUR/CHF seen at 1.09 on a three-month view - Rabobank

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