Central Bank Watch
Bank of England: No Change
April 5, 2012
With another month to run on its asset buying program’s current campaign, the Monetary Policy Committee of the Bank of England announced no changes in its policy for this month and released a statement that merely indicated when the Bank Rate of 0.5% was last cut (March 2009) and when the GBP 325 billion asset […] More
New Overnight Developments Abroad - Daily Update
Further Deterioration of Euro Debt Climate
April 5, 2012
The mood of investors is darkening this Maundy Thursday. Share prices fell 1.6% in Taiwan, 1.3% in Thailand, 1.0% in Hong Kong, 0.8% in Pakistan and 0.5% in Japan. In Europe, the German Dax, Paris Cac and British Ftse have lost 1.1%, 0.9%, and 0.7%. U.S. stock futures are lower. Spanish 10-year sovereign debt yields […] More
