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Problems after the Brexit – nobody wants British

Two and a half months, the citizens of the United Kingdom voted in a referendum to leave the European Union, and after forty-three years left the umbrella of EU membership. Written a new page of history, immediately after the referendum began speculating about possible scenarios and the consequences that bring Brexit A week before the referendum on the Stock Exchange there were no obvious signs that Britain will leave the European family – the pound has strengthened. In the case of the release, which it did, provided the decline of the pound by 15 to 20 percent and raised the question – that this country could be the next, and how will this affect the financial turbulence in the euro. The pound has depreciated by 9 percent, which is not recorded since 1985, and the euro has declined by 3 percent. The expected reaction would be greater demand for the Swiss franc, the dollar, and the yen, but the problem is that the financial markets the Swiss franc has less than a euro. Swiss National Bank said it intervened in the market since the franc was under pressure after the decision of the UK to leave the European Union. In a brief statement, the Central Bank indicated that it had intervened in the monetary market in order to stabilize the situation and will remain active. Impacts of the British referendum are limited and secondary. The immediate effects of the current decline in the value of the pound and the euro…

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The dollar rose after the US private sector has opened 177000 jobs in August

The dollar rose against other major currencies after data released which showed that the US private sector, agricultural van, opened the 177,000 jobs in August. Official data showed that the US private sector, agricultural van, opened the 177,000 jobs in August, after rising 194,000 in July, while analysts expected growth of 175.000.Forex pair EUR / USD fell to 1.1131. The US currency rose against the yen, pound and Swiss franc. USD / JPY climbed to 103.42, GBP / USD fell to 1.3085, and USD / CHF jumped to 0.9845. USD / CAD rose to 1.3124, AUD / USD fell to 0.7500, while the NZD / USD dropped to 0.7235. Canadian gross domestic product rose in July by 0.6 percent after falling 0.6 percent in the previous month. Economists had predicted growth of 0.4 percent. Preliminary data showed that industrial production in Japan remained unchanged in July, after rising 2.3 percent in the previous month, while the predicted growth of 0.8 percent. The number of new houses in Japan rose in the second quarter to 8.9 percent from minus 2.5 percent in the previous quarter, while analysts expected growth of 7.4 percent. Retail sales in Germany rose in July to 1.7 percent, after falling 0.6 percent in the previous month, while analysts expected growth of 0.5 percent. The unemployment rate in the eurozone was unchanged. US stocks on Wall Street have fallen because they are better than expected data on consumer confidence index in the United States prompted concerns that the…

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