Archive for March 6th, 2012

Central Bank Watch

Bank of England Preview

March 6, 2012

The Monetary Policy Committee’s Thursday announcement at 12:00 GMT will retain existing policy settings: The British Bank Rate has been 0.5% since March 2009. The asset purchase program ceiling was raised at the February meeting by GBP 50 billion to GBP 325 billion in a 7-2 vote and will not be completed until the end […] More

New Overnight Developments Abroad - Daily Update

Risk Aversion Gathering Further Momentum on a Key Week

March 6, 2012

Share prices slumped 2.2% in Hong Kong, 2.0% in Singapore, 1.6% in China, 1.4% in Australia, 1.1% in India, 1.3% in The Philippines, 0.8% in Taiwan and South Korea, and 0.6% in Japan.  In Europe, the German Dax and Paris Cac are off 1.5%, and the British Ftse has lost 1.1%. Gold and oil prices […] More