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The main story at the start of this week has been the “relentless rise” in the oil price, says Jim Reid, strategist at Deutsche Bank.The recent rises are already filtering through into retail gasoline prices, with the US daily average from the AAA at an 11-month high of $3.88/gallon on Sunday.
suggesting that investors don’t expect much in the way of cuts anytime soon. It was the same story for other central banks, withFT: UK regulator finds no evidence of politicians being ‘debanked’ over views People briefed on the findings has told the Financial Times that the Financial Conduct Authority’s probe into ‘debanking’ has not found any cases where political views were the “primary” reason for personal account closures., called by chancellor Jeremy Hunt in the furore over the closure of Nigel Farage’s Coutts bank account.
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