Search Results for: Bank of England
British’s Economy Set for Milestone
July 25th, 2014
Britain’s economy is set to pass a landmark on Friday when official data will probably show that it is bigger than it was before the financial crisis struck six years ago. Gross domestic product is expected to have kept ...
UK Serious Fraud Office to launch forex market manipulation probe
July 21st, 2014
The UK’s Serious Fraud Office (SFO) is reportedly planning to launch the criminal investigation into alleged manipulation of the $5.3trn-a-day foreign-exchange (forex) market. Unnamed sources with the knowledge of matter were quoted by The Financial Times as saying that ...
Unemployment in Britain Falls to 6.5 Percent
July 16th, 2014
British workers’ earnings grew at the slowest rate on record in the three months to May, one gauge showed, even as unemployment fell further, giving the Bank of England pause for thought as it prepares to start raising interest ...
British Pound Jumps Near Six-Year High Against Dollar
July 16th, 2014
The British pound spiked near a six-year high against the dollar on Tuesday after a surprisingly big increase in inflation fueled expectations that the Bank of England may start raising interest rates soon, possibly by the end of the ...
Inflation in Britain Jumps Unexpectedly in June
July 15th, 2014
British inflation unexpectedly surged to a five-month high last month and house prices continued to accelerate, prompting financial markets to increase bets on an early Bank of England rate rise. Consumer prices rose 1.9 percent on the year in ...
Asian shares nudge higher, oil nurses losses
July 14th, 2014
Asian shares rose on Monday as euro zone banking jitters faded, but investors remained cautious ahead of corporate earnings and a raft of global economic events, including testimony from the head of the Federal Reserve. MSCI’s broadest index of ...
European Stocks Drop for Fifth Day; Fugro Tumbles
July 10th, 2014
European stocks fell for a fifth day, as Chinese exports (CNFREXPY) missed estimates and some Federal Reserve officials expressed concern over complacency about risks in the economy. U.S. index futures and Asian shares also slid. Fugro NV sank the ...
Asian stocks Mixed after China Trade Data
July 10th, 2014
Asian stocks outside Japan rebounded as China’s trade expanded, while the U.S. oil benchmark-contract slipped toward a record losing streak. European index futures were flat and gold was near a 3 1/2-month high. The MSCI Asia Pacific excluding Japan ...
U.S. Treasury Prices Rally on Weak Equities
July 9th, 2014
U.S. Treasury yields fell on Tuesday after the U.S. government’s auction of 3-year Treasury notes, the first of three debt auctions this week. The Treasury Department auctioned $27 billion in three-year notes at a high yield of 0.992 percent, ...
Wall Street set to extend highs
July 2nd, 2014
The rally on Europe’s main equities markets is continuing, after fresh prices data for the eurozone did not contain any unpleasant surprises ahead of this week’s European Central Bank policy meeting. The region-wide FTSE Eurofirst 300 is up 0.4 ...
