I posted over the weekend re the UK press on the Bank of England and negative rates:
In very early trade GBP is lower, circa 1.2078 as I update (please check out the post earlier with the usual heads up on early Monday FX price movement).
Also of note from the UK is this 'bad bank' idea (UK Times): UK Treasury is weighing plans for a "bad bank" to hold stakes in bailed-out businesses, the concern is that 'nationally significant' firms could fail in the coronavirus crisis - link here may be gated)
And this: Brexit - UK Times reports on plans furthered for a no-deal exit
ps. Fed Chair Powell will be speaking again soon, earlier comments here
