Archive for January 10th, 2012

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