BOE governor Bailey: Does not expect second virus wave to have same economic impact as in the spring

Market news

8 October 2020

BOE governor Bailey: Does not expect second virus wave to have same economic impact as in the spring

Coronavirus second wave will obviously add to economic uncertainty
Some sectors of the economy need further support for the recovery
Some parts of the economy will face structural change due to the pandemic
It is in the interests of UK and EU to get a Brexit deal

UK financial services firms turn cautiously optimistic - CBI

EUR/USD now seen between 1.1640 and 1.1820 – UOB

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