Central Bank Watch
Bank of England Preview
January 10, 2012
The Monetary Policy Committee (MPC) will make its first scheduled credit policy announcement of 2012. A change in policy settings seems unlikely, but investors will be hunting for clues to a likely further extension of asset purchases at the February meeting, which a quarterly comprehensive review of the macroeconomic forecasts occurs. Minutes from the December […] More
New Overnight Developments Abroad - Daily Update
Risk Appetite Attempting to Stage a Recovery
January 10, 2012
Stocks, commodity prices and commodity-sensitive currencies are higher. Share prices rose 3.3% in China, 2.2% in India, 1.3% in Indonesia, and 1.1% in Singapore and Australia. In Europe, the German Dax, Paris Cac and British Ftse have so far risen 2.5%, 2.3%, and 1.2% on the day. Oil and gold prices have climbed 1.6% each […] More