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Flutter Entertainment joins the Indian gambling market

The Indian gambling market continues to grow, and it has received a big boost recently, with one of the biggest names in gambling joining the market. Flutter Entertainment, who operate many casinos and sportsbooks including Paddy Power and Betfair, have joined in by buying a stake in Junglee Games. It is reported that Junglee Games […]

Pound Australian Dollar (GBP/AUD) Exchange Rate as BoE Says Outlook for UK Jobs Market Remains Pretty Acute

June 9, 2021 - Written by John Cameron GBP/AUD Exchange Rate Rangebound, BoE Says UK Housing Market is ‘On Fire’ The Pound Australian Dollar exchange rate held steady this morning following dovish comments from the Bank of England’s (BoE) chief economist, Andy Haldane, who said the British labour market remains highly uncertain. The pairing is currently fluctuating around AU$1.82. GBP failed to benefit from his more bullish comments, however, such as that the UK housing market was ‘on fire’. Rising inflation is however causing some concern for the central bank. Haldane commented on the UK jobs sector: ‘We’ve still got more than 3 million workers on furlough across the UK, and that means that uncertainties about the future jobs market remain pretty acute.’

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