Germany's Fin Min: Sees growing consensus that monetary policy has reached the limits of its possibilities

Germany's Finance Minister Wolfgang Schäuble crossed the wires last minutes, via Reuters, saying that he sees growing consensus that monetary policy has reached the limits of its possibilities. Adds that they have "excess" of liquidity and indebtedness internationally.

BoE's Carney: Biggest external risk to global economy is China

As the House of Lords' testimony continues, Bank of England's Governor Mark Carney stated that by spring, he expects to see inflation of 1.5 - 1.8 pct...
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EUR/GBP: 55 pips lower, back off the highs as sterling rebounds back to 1.2200

Currently, EUR/GBP is trading at 0.8933, up 0.46% on the day, having posted a daily high at 0.8984 and low at 0.8889 ...
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