The UK is in danger of suffering two decades of zero earnings growth as it struggles to cope with Brexit uncertainty and a loss of productivity, the Institute for Fiscal Studies has warned.
LONDON (Reuters) - The dollar was on the defensive Thursday, a day after its worst drubbing in five months, as the biggest slump in Chinese stocks in almost two years took the shine off another record high in a global equities bull run.
Investing.com - The dollar slid to five-week lows against a basket of the other major currencies on Thursday amid concerns over sluggish U.S. inflation as trade volumes remained thin with U.S. markets staying closed for the Thanksgiving Holiday.
Next trading day's important events
- USDJPY: 111.28
- EURUSD: 1.1848
- S&P 500: 2597.08
- NASDAQ: 6867.36