On Thursday this week, the Bank of England announces its latest decision on interest rates.The UK's central bank has used Brexit uncertainty as a good excuse to do very little over the last few years.With a general election looming, don't expect any change to that this week.
Meanwhile, tomorrow morning viewers in the UK will learn about the Australian central bank's latest move on interest rates.The Australian economy has been struggling somewhat, but recent data on inflation and employment has been better than expected. So the bank is expected to keep interest rates at their current record low of 0.75%. If the bank is gloomier than markets expect, that could put a dent in the Australian dollar.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
-
Review: The Grill at the DorchesterThe Grill at the Dorchester has a new, easy-going atmosphere, but the food is serious: from punchy beef wellington to grown-up tarte tatin, says Dan McEvoy
-
Review: The Hut, Colwell Bay – a seafood lunch with a holiday feelTravel Getting to The Hut in Colwell Bay on the Isle of Wight is almost as rewarding as actually eating there
