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Suspect market moves wane after UK bans early looks at data

Since the UK stopped giving hundreds of officials early access to economic data, signs that some traders may know the figures ahead of time have dissipated

Sharp movements in the British pound shortly before the release of UK economic data have dissipated since the government curtailed officials’ access to non-public information, according to a new academic study.

In early 2017, The Wall Street Journal reported on a pattern of unusual movements in the pound and aand UK government bond futures in the minutes or hours before the release of sensitive economic reports.

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