Bank of England

British pound consolidates after rate decision

By Marcus Holland | May 9, 2013

The trend in the British pound is higher, as slightly better than expected economic news recently has kept the Bank of England off the accelerator as witness on Wednesday when the central bank met to decide the state of current interest rates.

BOE refrains from expanding stimulus as recovery assessed

By Scott Hamilton and Jennifer Ryan, Bloomberg | May 9, 2013

The Bank of England left its stimulus program unchanged as officials assess recent signs of strength in the economy after it returned to growth in the first quarter.

U.S. stocks little changed after S&P 500 climbs to record high

By Sarah Jones and Inyoung Hwang, Bloomberg | May 9, 2013

U.S. stocks were little changed, following five successive records for the Standard & Poor’s 500 Index, after data showed jobless claims declined.

Dow average climbs above 15,000 on stimulus optimism, earnings

By Inyoung Hwang, Bloomberg | May 7, 2013

U.S. stocks rose, sending the Dow Jones Industrial Average to its first close above 15,000, on optimism over global central bank stimulus and better-than- estimated corporate earnings.

Bond buyers see no 1994 rout as Bernanke clarity tops Greenspan

By Liz Capo McCormick and Daniel Kruger | May 5, 2013

Bond investors are gaining confidence the Fed won't spark a crash while unwinding the central bank’s $3.3 trillion balance sheet.

Consumer credit, Austrailian rate decision top next week's reports

By Toni Hansen | May 3, 2013

Among the reports to be released next week, U.S. consumer credit and the Australian central bank rate decision will be important ones to watch.

Gold prices buffered by retail buyers despite traders' bearishness

By Austin Kiddle | May 3, 2013

According to a local Hong Kong newspaper, the largest fall in gold prices in 30 years prompted the Mainland Chinese tourists to buy about 60 tonnes of gold in Hong Kong during the three-day Labor Day holiday.