Tough stuff

Tough stuff

Bank of England reports flashing the plastic regains its allure.

  • Brent #oil price held above $70 a barrel despite closing the week out with a decline after EIA warned about demand growth slowing.
  • #BoE says spending on credit and debit cards rose last week to 99% of its pre-crisis level as households enjoyed the end of lockdown restrictions.
  • #USD closes out the week near its highest level in four months against a basket of #currencies as investors looked for more hints from the #Fed.

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