John Wraith, rates strategist at Bank of America Merill Lynch Global Research, says the U.K.'s economy is not strong enough to cope with higher interest rates.» Read More
The Bank of England holds steady, New Zealand stands pat, and everyone is watching the EU summit - it's time for your FX Fix.
The European Central Bank is widely expected to cut interest rates back to a record low of 1 percent from the current 1.25 percent on Thursday and provide longer-term loans to banks that are struggling to find funding.
The Bank of England surprised investors at its last meeting with a significant easing. Here's how to trade this week's get-together.
Australia is growing, China is slowing, and everyone is eager for the EU summit, already - time for your FX Fix.
Efforts to improve liquidity in the world's financial markets 'psychologically' important, Louise Cooper of BGC Partners says.
The world's major central banks unleashed coordinated action Wednesday to ease the increasing strains on the global financial system, a move that sent stock markets up sharply.
Ben Broadbent, member of the Bank of England's Monetary Policy Committee, told CNBC, " it is true that there are still significant parts of the economy that are constrained by a lack of supply of credit from the banking system."
The British fret over Europe and Germany's bond auction disappoints - it's time for your FX Fix.
Even in a volatile, headline-driven market, short-term trading opportunities crop up. Here's one strategist's near term plan.
Brian Hilliard, chief UK economist at SG,Societe Generale, told CNBC, "I think we have reached a peak in inflation and we will see a very sharp fall next year partly because of VAT falling out of the calculation and partly because it is going to be weak." He predicted growth next year to be as low as 0.7%.
Apparently it's not just great minds that think alike.
The euro stops its freefall, the Bank of England holds steady, and Indonesia cuts - it's time for your FX Fix.
Testifying in front of the treasury select committee, Bank of England Governor Mervyn King detailed the central bank's rational for introducing a second bout of money easing. "The volatility did not dampen down, we did not see a reversal of the asset price movements, so we followed through and took the decision in October, which was unanimous, to resume the asset purchasing program," he said.
If Europe can just shore up its banks, this strategist sees a potentially major move in risk-on currencies.
Summit hopes give risk-on currencies a lift, and there's a prize for a euro exit plan - time for your FX Fix.
The cautious are paying for the profligate, not only by sacrificing their tax money to save banks from collapse but by seeing their savings eroded by negative interest rates.
Central banks' policy of printing money to try and stimulate weak economies is unlikely to result in significantly higher inflation, Rob Carnell, chief international economist at ING, wrote in a market note.
The aggregate shortfall of UK corporate pension schemes soared in September and is now at its second-highest level, new industry data show, as falling markets and bond yields sharply reduced returns.
The Bank of England launches QE2 and the European Central Bank has everyone on tenterhooks - time for your FX Fix.
"I think the risk of deflation is much greater than the risk of inflation because of all the headwinds that are against us, and there is no real sign that there is a wage-price spiral building up here," Ruth Lea, economic advisor at Arbuthnot Banking Group, told CNBC.