Bank Of England

Tomorrow, the economic data docket is filled with inflation numbers from around the world, as well as Canadian employment data. First off, at 21:30 est, Chinese inflation, both CPI and PPI numbers, are to be released. The consensus estimates for these numbers are 3.3% year-over-year and -.5% year-...

Earlier today Norges Bank, the central bank of Norway, announced that it would cut the key policy rate by 25 basis points to 1.5%. The central bank also said that "a substantially stronger krone may also result in further interest rate cuts." The announcement shook the currency market and USD/NOK...

New positive signals have been coming from London as of late. While the euro zone struggles with a potential Greek bankruptcy and signs of a recession, Britain once again seems to have escaped the problems threatening the rest Europe by following the examples of the US and several other major...

According to Bank of England, Vivus (NASDAQ: VVUS) price target is raised to $22. Bank of England said that after deliberating on Qnexa's safety issues (teratogenicity and CV impact) and VVUS' proposed risk mitigation plan (REMS), an FDA advisory committee overwhelmingly favored approval, driven...

The Bank of England announced on Thursday its decision to inject another 50 billion pounds into the British economy, in an effort to support the United Kingdom's economic recovery. The Bank of England's Monetary Policy Committee voted to increase the size of its of asset purchase program by 50...

US stock futures are slightly lower this morning, as investors are awaiting jobless claims data. Futures for the Dow Jones Industrial Average dropped 11 points to 12,832.00 and S&P 500 index futures fell 2.10 points to 1,344.90. Nasdaq 100 futures dropped 4 points to 2,540.75. US stocks closed...

Since the turn of the year, nearly every asset class has been on a tremendous bull run. Precious metals in particular have benefited, as gold and silver have rallied back from their recent lows. Gone are calls for a "gold bubble". Gold has risen in price throughout January and now sits near $1745...

On Wednesday morning the Federal Reserve announced a coordinated action with five other central banks—the Bank of Japan, the Bank of England, the Bank of Canada, the European Central Bank and the Swiss National Bank. The banks lowered rates on dollar swaps by 50 basis points, in effect boosting...

Japan sold one trillion yen today to curb the moves made in the yen recently. The Bank of England left interest rates unchanged and kept its quantitative easing program at 200 billion pounds. Pentagon officials may have to cut $28 billion from its 2012 defense budget.

On Wednesday, the Bank of England's minutes showed that policy makers were considering additional bond purchases as the British economy continues to struggle. The Bank of England's Monetary Policy Committee voted 8-1 to maintain the bond-purchase program at 200 billion pounds, Bloomberg reported...