Britain's Hammond downplays pound 'flash crash' as 'technical'
Britain's finance minister Philip Hammond
London - Arab Today
|
Britain's finance minister Philip Hammond Friday played down a "flash crash" which saw sterling plunge more than six percent against the dollar in under 10 minutes, citing "technical factors". "Some of what happened overnight was driven by technical factors, as the Bank of England governor has explained this morning," he told the BBC from the US. "Markets will go up and down -- markets respond to noises." |
- Wednesday ,12 December GMT 08:26 2018 Australian government discusses moving Israel embassy to Jerusalem
GMT 13:29 2018 Friday ,14 December
Turkey targets military over alleged Gulen linksGMT 09:32 2018 Wednesday ,12 December
Huawei CFO gets bail; China detains ex-Canadian diplomatGMT 09:24 2018 Wednesday ,12 December
LuLu supports KFUPM Rectors Cup marathonGMT 09:12 2018 Wednesday ,12 December
Ford trains 1,600 motorists in Mideast, Africa in 2018GMT 09:00 2018 Wednesday ,12 December
May tours Europe in desperate bid to save Brexit dealGMT 08:26 2018 Wednesday ,12 December
Australian government discusses moving Israel embassy to JerusalemGMT 10:32 2018 Tuesday ,11 December
Trump’s troubled White House in search of new chief of staffGMT 10:03 2018 Monday ,10 December
23 Palestinians arrested in West BankRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 17:41 2018 Thursday ,06 December
Israeli forces halt construction of school facility in Nablus
GMT 16:18 2018 Tuesday ,16 January
Man United tipped to beat City to Sanchez signing
GMT 10:32 2018 Monday ,08 January
Macedonia PM sees solution to Greece name dispute
GMT 17:09 2017 Friday ,29 December
At least 14 dead in Mumbai fire
GMT 17:21 2016 Saturday ,01 October
11 civilians killed in southern Afghan blast
GMT 20:21 2017 Tuesday ,25 April
Israeli soldier slightly stabbed at West Bank checkpoint
GMT 07:30 2017 Monday ,06 March
Greek PM Tsipras warns EU, IMF that uncertainty 'not smart'
GMT 21:24 2016 Monday ,21 November
Omani official asserts importance of cooperation with Egypt in media field
GMT 07:20 2017 Friday ,04 August
Al-Baziji calls Houthis to stop killingGMT 16:56 2011 Wednesday ,27 April
Doctors turned \'blind eye\' to Guantanamo torture
GMT 12:25 2017 Thursday ,30 March
SpaceX poised to launch first recycled rocket
GMT 04:53 2017 Tuesday ,04 July
Bahrain-Sudan ties commended
GMT 19:27 2017 Tuesday ,04 April
Ethiopian PM Meets Sudanese President
GMT 14:21 2018 Monday ,08 October
Egypt’s Hassan Allam plans to list shares in Cairo, London
GMT 07:18 2018 Monday ,01 October
Party members join EU in rejecting May’s Brexit plan
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor