BOE’s Saunders: UK economy likely to do a little better than BOE forecast in May if Brexit goes smoothly

While testifying before the UK Parliament's Treasury Committee (TSC), the Bank of England (BOE) Monetary Policy Committee (MPC) member Saunders said that the UK economy is likely to do a little better than the BOE forecast in May if Brexit goes smoothly.

Saunders added that the difference between BOE and market does not damage BOE’s credibility.

World trade flows dip yet again and outlook looks bleak - ING

Timme Spakman, economist at ING, points out that world trade volume declined by 0.7% in April and the outlook for a rebound seems difficult given expo
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USD/CHF clings to modest daily gains, comfortably above mid-0.9700s

The USD/CHF pair extended its sideways consolidative price action on Wednesday and remained well within the previous session's broader trading range.
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