Stocks put aside U

sued Barclays for fraud and the Bank of England took less aggressive action than expected to cool a booming UK housing market. economic bounce in coming months. futures pointed to a lower open and shares canada goose coats on sale in Barclays, the UK third biggest bank and one of the world biggest traders, fell 5 percent after the New York Attorney General Canada Goose sale filed a lawsuit against cheap canada goose uk the bank related to its servicing of machine driven high frequency trading.

Some canada goose store of Europe biggest lenders have already been fined canada goose clearance more than $6 billion in the Libor rate fixing scandal and are facing a raft of other suits. sanctions.

judicial context is becoming a real drag for the European banking sector, canada goose clearance sale said Alexandre Baradez, chief market analyst at Canada Goose Parka IG France. investigations. stock futures pointed to a marginally lower open.

Oil prices dipped but were still close to their highest in nine months. Traders eyed developments in Iraq for signs exports from Canada Goose online OPEC second largest producer would be canada goose black friday sale disrupted.

Worries over the Sunni insurgency in northern Iraq have uk canada goose driven oil prices as high as Canada Goose Online $115 a barrel Canada Goose Coats On Sale in the past month, the latest setback for a global economy that is still trying to get back on its feet. figures by raising their estimates for buy canada goose jacket cheap second quarter growth. uk canada goose outlet interest rates on hold long into next year supporting growth.

a storm in the rear view mirror, but much brighter sunshine ahead, said Kit Juckes, a strategist with French bank Societe Generale in London. storm does matter, though. data, and equally, every reason to expect policy to remain Canada Goose Outlet easy.

STABILITY COUNTS The steps announced cheap Canada Goose by the Bank of England to cool the UK housing market failed canada goose uk outlet to dampen expectations the central bank buy canada goose jacket is set to raise interest rates. Those expectations have supported the pound over the past canada goose uk black friday year.

Governor Mark Carney stressed that monetary policy would not be diverted by concerns over the sector and that he did not expect the measures taken on Thursday to actively constrain housing activity.

Sterling pushed back towards six year highs against the dollar in response. Shares in a number of Britain biggest housebuilding surged canada goose by around 5 percent.

Banks have already taken a substantial hit from a number of moves canada goose coats by British regulators to head off another bubble in canadian goose jacket the housing market, canada goose factory sale six years canada goose uk outlet after the 2008 crash.

Still, such steps, particularly if aggressive, might push back expectations of a rise in interest rates that have driven sterling 10 percent higher in a year.

main concern canada goose uk shop for sterling traders was whether the macroprudential norms would impact interest rate hike expectations, said Canada Goose Jackets Nawaz Ali, an analyst at Western Union.

they have not, much to the relief of traders. These measures do not alter the MPC (Monetary Policy Committee) https://www.canadagooseonlineshop.co.uk debate on hiking interest rates. (Additional reporting by Wayne Cole in Sydney, Jemima Kelly in London; Editing by Larry King).