The British Pound is moving gently higher in early trade despite a raft of negatives hanging over GBP. Get your market update from nickcawley1 here:
is moving gently higher in early trade despite a raft of negatives hanging over GBP. Wednesday’s inflation release is expected to show headline inflation y/y touch 9.1%, a fresh four-decade high, with some market commentators seeing an even higher print. The Bank of England recently warned that inflation may even hit 11% this year. In addition to spiraling price pressures, UK growth is slowing, leading to the inevitable cries of recession.
On Monday, Bank of England MPC member Catherine Mann said that the central bank should raise interest rates aggressively to try and stem the weakness in Sterling. Ms. Mann said that the BoE needs ‘a more robust policy move’, adding that this would reduce that already high domestic inflation is further boosted by imported inflation due to Sterling’s weakness. Ms. Mann was one of three policymakers who voted for a 50 basis point rate hike at last week’s week BoE policy meeting.
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Cambodian fisherman catches world's largest recorded freshwater fish, a 660-pound giant stingrayThe stingray, captured on June 13, measured almost 13 feet from snout to tail.
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World's largest recorded freshwater fish: 660-pound stingray caught in CambodiaScientists say the giant stingray, measuring almost 13 feet from snout to tail, was caught in the Mekong River in Cambodia.
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Man hooks largest freshwater fish on record : A 661-pound sting rayA fisherman caught the 661-pound fish — which measured about 13 feet in length — near a remote island on the Mekong River in the Stung Treng area.
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Cambodian fisherman catches world's largest recorded freshwater fish, a 660-pound giant stingrayThe stingray, captured on June 13, measured almost 13 feet from snout to tail.
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Cambodian fisherman catches world's largest recorded freshwater fish, a 660-pound giant stingrayThe world’s largest recorded freshwater fish, a giant stingray, has been caught in the Mekong River in Cambodia. This stingray measured almost 13 feet from snout to tail and weighed 660 pounds, beating the world record by 14 pounds! 🌊🎣
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Man Tries Using Pink 6-Pound Bowling Ball To Great AmusementWEST ORANGE, NJ—Seemingly knowing full well that the relatively small and light ball was not designed for someone of his size, sources confirmed Tuesday that 25-year-old Darren Foerstner tried using a pink 6-pound bowling ball for one frame, all to the incredible amusement of friends and onlookers at Eagle Rock Lanes…
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