With Carney warning of 1970s-style shock, UK firms ready for no-deal Brexit (news: 20/11/18)

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Alpari Market Review
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Today’s press

With Carney warning of 1970s-style shock, UK firms ready for no-deal Brexit

LONDON (Reuters) – Companies began triggering plans to keep operating if Britain leaves the European Union without an agreement, a “no deal” scenario the Bank of England said could plunge the economy into a crisis not seen since the 1970s.

U.S. Tech Sell-Off Deepens; Treasuries, Yen Climb: Markets Wrap

The sell-off in U.S. stocks picked up steam, with investors dumping the tech darlings that carried the bull market for much of its record run. Treasuries advanced with the yen.

U.S. Housing Starts Rise in Line with Expectations in October

Investing.com – The number of housing starts in the U.S. rose broadly in line with expectations in October, while building permits declined, painting a worrying picture of the U.S. real estate sector.

Bitcoin Price Drops to $4,200 Despite Record Low On RSI

Bitcoin’s price continues to slide despite the oversold conditions signaled on the technical charts for the last six days.

Next trading day’s important events

19:30 (GMT+3)  UK PM Theresa meets EC Juncker

Forex quotes:

USDJPY: 112.54

EURUSD: 1.1396

Indices:

S&P 500: 2649.73

NASDAQ: 6911.17

 

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