Archive for April 5th, 2012

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